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URL:  http://boards.fool.com/as-long-as-you-had-the-ability-to-demand-the-rent-30584489.aspx

Subject:  Re: Rental Question Date:  3/11/2013  2:13 PM
Author:  bacon Number:  118032 of 121061

as long as you had the ability to demand the rent money from the manager at any time, you constructively received the rent when the manager received it.

If the manager stole the money, arguendo, would the owner still have constructively received it when the manager did? The owner's demand would not have been complied with.

Eric Hines
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