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7 Tax Benefits of Owning a Rental Property in Washington, DC

Nest DC

Depreciation Depreciation is another crucial tax benefit for rental property owners. The Internal Revenue Service (IRS) allows landlords to deduct the cost of the property over a specific period, typically 27.5 years for residential properties.

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Property Management Profitability: FAQs on Profit Margin

Second Nature

In the most basic terms, property management companies make money through real estate investors paying for the services they offer. The more value a PMC can drive for its property investors and residents, the more revenue they generate. The profit, of course, is how much is left over after paying all your expenses.