A rent receipt allows both landlords and tenants to keep track of rent payments every month. Reliable rent collection is the foundation of a healthy rental property portfolio and landlords…
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Investment Strategy:
Is A New Roof Tax Deductible On A Rental? [2024 Guide]
Owning a rental unit can open the door to additional income opportunities to help grow wealth over time. However, for those who own rental property, you know that keeping up…
Stessa vs. Avail: A head-to-head comparison for 2024
Stessa and Avail are two popular online platforms landlords use to manage their rental properties. Both platforms work to streamline tenant screening, rent collection, income and expense tracking, financial reporting…
How To Write A Rent Increase Letter [Free Template]
Raising the rent can be a tricky proposition, but it’s one of the most important conversations that a property manager or self-managing landlord can have with a tenant. A landlord…
Can You Deduct Mortgage Payments On Rental Property?
Tax time can be stressful for rental property owners, especially when trying to keep track of all your tax deductions. For landlords that have been in the game for a…
Is Rental Income Qualified Business Income?
A common question that many real estate investors have is whether rental income qualifies as business income for purposes of claiming the qualified business income (QBI) tax deduction. The short…
How To Convert A Primary Residence To A Rental Property
Although many people choose to sell their home before buying another one, that isn’t necessarily the right choice for everyone. Converting a primary residence to a rental property takes time,…
Can landlords use QuickBooks for short-term rental property?
Navigating the financial landscape of real estate investments can be like steering a ship through a storm. Without careful attention to every distraction and detail, it’s easy to get thrown…
12 popular multifamily property management software options
Multifamily property management software is a must-have for any landlord or rental property owner. It can help you keep track of your tenants and their payments, as well as manage…