Every Landlords Property Protection Guide
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First-Time Landlord
Author | : Janet Portman |
Publisher | : Nolo |
Total Pages | : 336 |
Release | : 2020-09-29 |
Genre | : Business & Economics |
ISBN | : 1413327931 |
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The 101 on earning rental income from a single-family homeDo you own a house youd like to rent out rather than sell? Its a common scenario in todays market, especially if youve inherited a house, are moving to another home, or are buying an investment property. And it may mean youre about to be a first-time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes. Learn your legal obligations. Estimate costs and profits. Choose good tenants and avoid problem ones. Make the most of valuable tax deductions. Handle repairs and property management tasks. The 5th edition is updated to cover major legal changes, in particular how the Tax Cuts and Jobs Act created pass-through deductions that can benefit landlords. Includes sample forms and budget worksheets.
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