Property Management News
It’s tax season again. If you own a rental property, your tax strategy is more complex than for the home you live in. Here are some important tax tips for rental property owners. Rental property tax considerations each year Here are some points to keep in mind when you file your annual return: Your rental property shows up on Schedule E of your tax returns, which logs rental income and expenses. The expenses include mortgage interest, property tax, maintenance, repairs, utilities, property management fees, depreciation, and all other costs associated with owning the property. If you pay points when you close your rental property purchase loan, you cannot fully deduct them the year... Read more
Having a rental property that’s attractive to college students is a good thing. By having a college-accessible rental property, you are guaranteeing a long line of...
No one said being a landlord would be easy, but the profit potential is such that plenty of people do it. The good news is that most landlords have a very easy, trouble...
Let’s face it, first impressions matter. We care about how we dress for a job interview, and we spent extra time in front of the mirror before that first date. When it...
Which superstore offers home owners the best returns on home prices? Target is more likely, a new study concludes. Real estate data firm RealtyTrac researched the effect...
It’s an excellent time to be a landlord. Amid a U.S. recovery that has been frustratingly slow for most folks, property owners’ share of the economic pie has grown larger than at any point in the past seven decades. As just about anyone renting in a major U.S. city can attest, the past 10 years have produced a brutal squeeze in the property market. The subprime bust, stricter mortgage requirements, marriage-delaying millennials and weak income growth have added millions to the ranks of renters. Meanwhile, restrictive zoning laws and a lack of low-income housing construction have kept supply from keeping pace. The result has been a bonanza for anyone lucky enough to own rental... Read more
A recent report notes that a growing number of retail, entertainment, and travel outlets are turning to self-service checkout kiosks for their customer service needs....
For the last five to six years, the number of foreclosures has been steadily declining since hitting a peak. December 2015’s total of 32,000 completed foreclosures...
The supply/demand imbalance and sky-high rents have led to an emerging trend in the apartment industry. As rent prices continue to rise and a growing number of...
We’re neck-deep in the Photoshop era—retouching, it seems, has become an inescapable part of everyday life. Dating-site photos are retouched. Cover models are...
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