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Finding the Perfect Multifamily Property

American Apartment Owners Association

Taking your time and doing your due diligence when considering a particular investment property will always be a crucial step. In the end, it can help you capture the perfect property with excellent ROI potential or it can save you from a drastic mistake. Congratulations, you are now a landlord, the owner of a great rental property.

Property 200
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Everything You Know About Money is Wrong: Insights from Real Estate Attorney Mauricio Rauld

SparkRental

The Big Picture on Insights from Real Estate Attorney Mauricio Rauld: Prioritizing investment over excessive spending can accelerate wealth building, as seen in Jim Rohns 90% investment strategy and Grant Cardones 50/50 rule. Instead of contributing monthly to a college fund, Mauricio recommends investing in a single-family rental property.

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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

The answer is straightforward: yes, landlords have the legal authority to enter the rental property they own. Rental payment Tenants are responsible for paying rent on time and in full, while landlords are responsible for providing a habitable living space in return. Privacy Both landlords and tenants have the right to privacy.

Landlord 246
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1099 forms for property management: Everything you need to know (2024 update)

Buildium

Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. If the rental property owner is established as a corporation, you do not need to file a 1099-MISC form for payments made to that company.

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Landlords: What To Do When ICE Arrives At Your Rental

Rental Housing Journal

Here are 4 things landlords should consider with ICE (Immigration and Customers Enforcement) comes to your rental property from an Arizona landlord-tenant attorney. By Denise Holliday What are landlords supposed to do if and when ICE (Immigrations and Customs Enforcement) arrives at your rental property?

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How to Handle Common Lease Violations

American Apartment Owners Association

Property owners need to understand their responsibilities to avoid potential violations fully. Unauthorized Entry or Privacy Invasion : Homeowners must respect resident privacy by providing proper notice and a valid reason before entering the property. Mediators facilitate compromise, while attorneys provide essential legal guidance.

Lease 233
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Finding Deductions For Residential Rental Property And Lowering Your Tax Bill

Property Management Inc.

The Internal Revenue Service taxes the rent you collect from your residential rental property as business income. DEPRECIATION OF RENTAL PROPERTY Depreciating real estate is one of the most impactful ways to immediately reduce income taxes from your rental.