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Mary K.
Pro Member
  • Investor
  • Ocala, Fl
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156
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Ohio require interest on security deposits?

Mary K.
Pro Member
  • Investor
  • Ocala, Fl
Posted Aug 6 2019, 15:40

I need to return part of a security deposit on a tenant who lived in a rental in central Ohio for 3 years. The deposit was equal to one month's rent. Am I required to give him 3 years worth of interest on the security deposit? I am hearing conflicting answers. Also can you deduct cleaning expenses (dirty bathrooms, showers, appliances, not wear and tear)?

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