When someone applies to move into one of your rental properties, it is imperative to conduct a thorough, detailed screening. This is the most important task in the entire leasing process, as a simple mishap could end up leaving you with bad tenants. Do you know how...
As a landlord, it’s important to conduct a full screening on any applicants, and a huge part of that screening process is getting a rental reference from current and past landlords. I can’t tell you how many times I’ve caught prospective tenants having their friend...
When you rent a property, it’s standard to collect a security deposit. The purpose of the deposit is to have funds to withhold for tenant-caused damages, and also unpaid rents. What ends up creating a lot of havoc is when the tenant expects their full security...
With tax time quickly approaching, it’s important to understand certain aspects of deductions when it comes to your rental property. Did you know that there’s a major difference in repairs vs improvements when it comes to taxes and the IRS. The IRS considers repairs...
As a landlord, you have plenty of great tax benefits that you should be taking advantage of. As always, speak to your accountant regarding the details of deductions, but here are a few major advantages you should be aware of. 1. Interest Probably the largest tax...
