When tax season rolls around, do you wonder whether you’re missing out on critical deductions? Knowing which operating expenses you can and can’t deduct could determine whether you pay more…
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Deducting HOA on a rental property: Tax rules explained
Did you know you may be able to save money on taxes every year by properly deducting homeowners association (HOA) fees for your rental property? These tax savings could really…
A free rental property pro forma template (+ How to use it)
A rental property pro forma is a comprehensive document that projects the income and expenses of a particular property. It typically offers the prospective buyer a crystal-clear picture of their…
How to depreciate improvements to your rental property
Improvements to a rental property benefit you in multiple ways. In addition to increasing value, they offer several tax benefits you may not have considered previously. However, an improvement is…
The 10 best sites to advertise a rental property
Filling a vacant rental property can sometimes feel like a race against the clock. With each passing day, an empty unit means lost revenue. Quickly finding a quality tenant requires…
Deducting lawn care for rental property: Tax rules explained
Can you shave dollars off your tax bill by deducting the cost of keeping your rental property’s lawn pristine? The short answer is yes; however, there are a few conditions.…
Here’s how long each step of tenant screening usually takes
Generally, tenant screening can take a few hours to several days. It’s not set in stone because the time frame may vary due to several factors, such as the applicant’s…
RentRedi vs. Buildium: A detailed review for landlords
RentRedi and Buildium are two well-respected property management software solutions. Considered industry leaders and lauded for their robust features, both platforms make managing rental properties less of a chore and…
Rentometer vs. Zillow Rent Estimate: Head-to-head comparison
Rentometer and Zillow Rent Estimate are two popular tools designed to help you evaluate rental prices. If you ever wonder whether you’re charging too much or too little for your…