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Finding Deductions For Residential Rental Property And Lowering Your Tax Bill

Property Management Inc.

April 10, 2018 By Cassie James, PMI Communications Manager Tax season can be stressful for solo entrepreneurs and landlords. If you own residential property, you are aware that there are a number of unavoidable costs and expenses that go along with the territory.

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Adapting to a Competitive Rental Market: Investor Strategies for the New Year

RL Property Management

As the Columbus rental market continues to evolve, landlords face increasing competition. By implementing forward-thinking strategies and adopting an asset management mindset, landlords can thrive in even the most competitive conditions.

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Top Tips When Buying Investment Property in Boca Raton

Florida Property Management

Top Tips When Buying Investment Property in Boca Raton #1: Know Your Obligations Buying investment property means preparing yourself to be a landlord. As a rental property owner and lessor, you will be bound by the local ordinances, county, and state laws to meet certain expectations.

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The Keys to Multifamily Property Management Success in El Monte, CA

InveServe

In the busy city of El Monte, California, the multifamily property market presents unique opportunities and challenges for landlords and real estate investors alike. As such, several key factors contribute to the success of multifamily property management in El Monte.

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Top Tips When Buying Investment Property in Washington, DC

Nest DC

Thankfully, there are a number of great neighborhoods in the city of Washington, DC that can allow investors to see steady returns on investment properties and purchase at a median sale price. These will make it easier to market your Washington, DC investment property and rent to residents.

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What Are All the Legal Tax Deductions in Commercial Real Estate (CRE)?

Esquire Property Management Group

Fees paid to accountants, property managers, legal advisors, and contractors involved in property upkeep and management are deductible. For example, if you spend $12,000 annually on property management services, this amount can be deducted as a necessary business expense.

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Benefits of Renting: Why Renting is Better Than Owning

California Pacific Realty

It also provides liability coverage if someone is injured while visiting the rental property. No Maintenance Costs Landlords are typically responsible for maintenance and repairs, freeing tenants from these additional costs and responsibilities. Check the Landlord or Property Manager’s Reputation.

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