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Tax accounting for rental property management: What landlords should know

Buildium

Note: This guide is intended to provide general information on rental property tax accounting. For specific advice on your own property or portfolio, speak with a tax professional that can examine your specific situation in detail. Heres a quick breakdown of those definitions. What Counts as Rental Income?

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3 Steps For Dealing With Tenants And Frozen Pipes

Rental Housing Journal

Here are 3 steps to help deal with tenants and frozen pipes and hopefully avoid the problem in your rentals and the maintenance calls that can result this winter from Keepe. 1 The preventative methods for tenants and frozen pipes There are several things that property managers should do to prevent pipes from freezing in their rentals.

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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.

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How to Become a Tiny House Landlord

American Apartment Owners Association

Because of their size, tiny homes are simple to maintain andare less expensive than larger ones in terms of taxes and building, heating, maintenance and repair costs.Renters, property owners and managers have fewer maintenance and repairs to deal with since there is less area to look after.In

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What Qualifies as an Emergency Maintenance Request?

Real Property Management Chicago

Many property managers distinguish that they need to work straightaway when a resident calls with an emergency maintenance request. But which maintenance requests are emergencies, necessitating immediate attention, and which can wait a little longer? The post What Qualifies as an Emergency Maintenance Request?

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What Is a Ground Lease? What You Need To Know

Bay Property Management Group

Also, they’re usually responsible for paying all its taxes and handling all its maintenance. Then, after the lease ends, the landlord may be able to sell the property at a higher price because they eventually own all the improvements made on the property. So, it presents the opportunity for stable, predictable cash flow.

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What Is Phrogging in Real Estate?

Bay Property Management Group

As our rental property management in Northern Virginia can tell you, phrogging is a real problem. Phrogging (pronounced as frogging ) happens when someone trespasses onto your property and hides out on it. In that case, it’s definitely important to check out the attics, basements, and even empty units. Absolutely.