As the pandemic’s effects on the economy continue to play out, one major concern on the minds of economic observers is inflation. Aggressive government stimulus over the last two years,…
Blog
Showing results for "tax"
The Investor’s Guide to Rental Property Maintenance
The legal theory of implied warranty of fitness states that an item is fit for the purpose for which it is sold. For example, when a tenant rents a place…
Stay up to date. Sign up for our newsletter.
9 free rental property record keeping templates
Real estate investors use worksheets and record keeping templates to keep track of all of the moving parts in a rental property, from property analysis and purchasing, to tenant leasing…
Stay up to date. Sign up for our newsletter.
Why investors use separate bank accounts for rental property
Owning a rental property is a business venture, and having a rental property bank account is a key part of investing in real estate. A bank account for a rental…
Rental property valuation: 5 ways to value your property
Real estate investors value rental property differently from regular homeowners. In addition to providing tenants with a nice place to live, investors also purchase rental property for the potential monthly…
The 3 types and uses of cost basis for rental property
Some real estate investors mistakenly believe that the “cost basis” of property is its purchase price. However, cost basis isn’t as clear cut as it might seem. Understanding the difference…
Can landlords use FreshBooks for their rental properties?
Real estate investors use rental property accounting software to keep track of income and expenses, claim every possible tax deduction, and monitor property financial performance. Some investors use a basic…
Rental property chart of accounts (free template & resources)
Having a rental property chart of accounts is a key component of managing the financial performance of any real estate investment and making better investment decisions. The general concepts for…
Should I pay off my rental property? Learn the pros & cons
Paying off a rental property is a much more complicated question than it might seem. On the one hand, cash flow will increase and worries may decrease. But on the…