A home equity line of credit (HELOC) is a useful tool for investors wanting to upgrade their property or use the funds to buy a new property. However, the tax…
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Is mortgage insurance tax deductible on a rental property?
Can deducting mortgage insurance reduce your taxable net income and put more money in your pocket? With the IRS’s maze of rules and regulations, pinpointing exactly what you can deduct…
Deducting insurance for rental property: Tax rules explained
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…
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…
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…








