In general, business travel expenses must be considered both “ordinary and necessary” to be tax-deductible. Ordinary means it is common and accepted within the trade or business. Necessary means it…
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Luxury home sale volume at record lows
According to a new Redfin report released last week, sales of luxury homes dropped 38.1% year over year (YOY) in November. This is the biggest decline on record since Redfin…
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As we close off 2022, home sentiment improves
Fannie Mae reported last week on its Home Purchase Sentiment Index (HPSI), which saw its first increase in 9 months. That said, the improvement was modest at 0.6 points, and…
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Electronic Communications Disclosure and Consent
Electronic Communications Disclosure and Consent By opening an account with Stessa or a banking-as-a-service business account with Stessa as a Program Partner (collectively, “Stessa account”), you agree to allow Stessa,…
The rise of always renters?
Joe Weisenthal of Bloomberg opens up for us this week outlining the decline in housing affordability due to rising interest rates, which is leading to more demand for rental housing.…
Apartment rents drop for first time in mid-2022
CoreLogic released its latest Single-Family Rent Index (SFRI) last week, which looks at SFR rents nationally. The report found that although rent growth year-over-year in July was up 12.6%, it…
How to Determine a Reasonable Rent Increase
As a landlord or property manager, you know that rent increases are a necessary part of doing business. So how do you determine a reasonable rent increase? What factors should…
15 Top-Rated Single-Family Property Management Software
No matter how big or small your rental property business is, you need the right tools to make things run as smoothly as possible. In this post, we’ll explore 15…
A free rental property depreciation spreadsheet template
Depreciation is one of the most important features for real estate businesses apart from their regular expenses. It allows you to reduce your taxable income, paying less in taxes and…
