Property Management News
If you’re like most people, the idea of owning rental property sounds pretty appealing. After all, it’s a great way to make some extra money, and who doesn’t love the idea of owning their own little business? But before you take the plunge, it’s important to understand that there are several tax advantages to owning rental property. So if you’re on the fence about whether or not to buy a rental property, read on. These tax benefits of rental property might just be the thing that tips the scales in your favor! 1. Mortgage Interest Deduction For house loans of up to $1 million, homeowners can deduct their mortgage interest. They can also write off a portion of the money they... Read more
Plaintiffs plan to petition the Supreme Court next. If landlords’ legal strategy was indeed to fail upwards, their plan is on track. A federal appeals court on...
When you list your rental property online, you may not be aware that there are certain things you cannot say in the listing. The Fair Housing Act of 1968 sets out a...
The funds come from the Inflation Reduction Act and $4 billion of loan commitment authority The U.S. Department of Housing and Urban Development (HUD) on Thursday...
Many long-term owners are starting to recognize their upside in the near future is gone, yet their management headaches and expenses remain. 2023 is poised to be a big...
No, the federal government isn’t coming for your gas stove. But new legislation and research could point the way to an electric future Blue teardrop-shaped flames heating the underside of a skillet is one of the kitchen’s most hypnotizing sights. So, when a rumored gas stove ban began swirling earlier this year, fueled by comments from Richard L. Trumka Jr. of the US Consumer Product Safety Commission, the public was instantly whipped into a frenzy over the potential loss of their comforting cooking rituals. But could such a mandate be implemented? The short answer is no. Despite the hysteria stirred up by pundits and politicians who swore that government bureaucrats would pry... Read more
Weighing the Pros and Cons You can buy real estate in your IRA. In some select cases, that might be a smart move, but for the average person, it is probably not a...
Meanwhile, SFR rents rose 5.3% in the first quarter. Single-family monthly rental rates increased from $2,212 to $2,330 at the close of the first quarter of 2023,...
Taxes can be quite hard to understand, and many landlords have questions on their minds as the tax season approaches. Among these are: what is a 1099 tax form, and in...
Starting this year, Denver landlords must hold a license for every property they own with two or more units. But as of Jan. 3, thousands of rental properties were...
Accessibility