The Federal Reserve Bank of New York released a new report highlighting that in Q3 2024, U.S. household debt rose by $147 billion (0.8%) from the previous quarter, reaching $17.94…
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How to write a notice of lease violation (free template)
You rented your property to a seemingly ideal tenant—only to find yourself repeatedly dealing with noise complaints, late rent, or unapproved pets. Despite several attempts to resolve these issues amicably,…
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Can you deduct rental expenses when you have no rental income?
If your rental property sat vacant for part or all of the past year, you might be curious whether the tax code still allows you to claim deductions on your…
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Fed to cut rates in November 2024 amidst slowing inflation
Christopher Rugaber of ABC News reported earlier this week that the Federal Reserve is expected to cut interest rates by a quarter-point tomorrow, following a previous cut in September, as…
How to write an inspection notice to tenants (free template)
While regular inspections are crucial for maintaining your property, the rules and etiquette around scheduling inspections with your tenants can be murky. You need a notice that protects your rights…
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…
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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…
The 13 Best Bank Accounts for Your Rental Properties
Managing multiple rental properties, each with individual financial details, without a streamlined banking solution can be a recipe for confusion and wasted time. Instead, having a bank account that caters…
