According to Max Zahn of ABC News, following the Federal Reserve’s half-point interest rate cut, the S&P 500 and Dow Jones Industrial Average soared to record highs, signaling investor optimism…
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Tips, tools, and news for rental investors.
Tax question: Do you have to depreciate a rental property?
Depreciation is a tax deduction that allows you to recover a property’s cost over time. You can typically write off the wear and tear on your residential long-term rental property…
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How to write a 30-day notice to a tenant (free template)
Whether you’re ending a fixed-term lease agreement or a month-to-month tenancy, you generally need to follow specific guidelines when issuing a 30-day notice. Knowing precisely when and how to issue…
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Deducting your labor on a rental property: Tax rules explained
If you can deduct the labor costs when someone else fixes your rental property, does that mean you can deduct your own labor as well? This is a common question…
Federal Reserve cuts interest rates for first time in 4 years
The Federal Reserve announced its first rate cut in 4 years, according to Jeff Cox of CNBC. “With both the jobs picture and inflation softening, the central bank’s Federal Open…
How jobs data impacts rate cuts
Jeff Cox of CNBC starts us off this week with an update on the jobs data released last week, showing that the U.S. economy added 142,000 jobs in August, slightly…
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New landlord rules from Fannie Mae and Freddie Mac [Effective 2025]
Paul Wiseman of AP News reports that the U.S. economy grew at an annual rate of 3% in Q2 2024, driven by solid consumer spending and business investment. This marks…
Is the Fed signaling rate cuts in September?
According to Jeff Andrews of HousingWire, monthly new-home sales jumped by 10.6% in July and 5.6% year over year. This results from builders benefiting from elevated mortgage rates and ample…
San Francisco to Ban Rent Pricing Software
Alan Goldstein of Bloomberg reports on potential recession indicators, highlighting that Goldman Sachs reduced the probability of one in the next year to 20% from 25%. This was following stronger-than-expected…
