Remove 2017 Remove Apartment Remove Rental Property
article thumbnail

Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

March saw national rents rise slightly for the second month in a row, according to Apartment Lists April report. In dollar terms, the national median monthly rent now stands at $1,384, up $8 per month compared to last month, but down $5 compared to March 2024, according to the report from the Apartment List Research Team.

Rent 96
article thumbnail

Rents Decline Again In January- Have They Hit Bottom?

Rental Housing Journal

Nationwide rents declined again in January for the sixth month in a row, according to the February report from Apartment List. in January a month that typically marks the bottom of the rental market each year, before rents start to rise in the spring. Rents fell 0.2% Year-over-year growth also remains negative at -0.5

Rent 80
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Maximizing Your Investment

American Apartment Owners Association

Bonus depreciation is a tax incentive that allows investors to immediately deduct a large percentage of the purchase price of eligible properties in the first year they are placed in service. While the standard depreciation period for residential rental property is 27.5

article thumbnail

Landlord Ordered to Pay $80,000 Over Threat to Call ICE On Tenants

Rental Housing Journal

An Illinois court has ordered a landlord to pay more than $80,000 for threatening to call immigration authorities (ICE) on a tenant couple who rented an apartment from him in 2020, according to reports. According to the lawsuit, the tenant family rented a basement apartment from Contreras and his wife beginning in 2017.

article thumbnail

How Cost Segregation Transformed My Real Estate Investments with Unmatched Tax Savings

American Apartment Owners Association

The Tax Cuts and Jobs Act (TCJA), signed into law in December 2017 under President Donald Trump, marked a significant shift in the U.S. Since 2019, he has built a diverse portfolio that includes out-of-state rental properties, single-family homes, and large multi-family deals.

article thumbnail

Rent-Setting Software Pushed Up Rents in Several Metros

Rental Housing Journal

Drew Hamrick, general counsel with the Colorado Apartment Association, told Denver7.com Its main pricing software is AI Revenue Management (AIRM, formerly YieldStar), but RealPage also owns Lease Rent Options (LRO), which it acquired from its main competitor in 2017. And that information, in most cases, is not public.

Rent 52
article thumbnail

Little Change In Rents As Tenants Settle In For Winter

Rental Housing Journal

Also, corporate tax breaks for real estate and deductions for pass-through entities from the 2017 tax law are likely to be extended or expanded. Sign Up For Our Weekly Newsletter And Get Rental Property And Apartment News And Helpful, Useful Information Each Week. Contact the company at (480) 663-1149.

Rent 52