When you own rental property, repairs are a necessary part of life. Maintaining a rental property can be expensive, but you can deduct some things on taxes to balance it out. While you can get a deduction for some repairs right away, improvements require depreciation.
What is Depreciation
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Landlords are exposed to the risk of losses in terms of unpaid rent and property damage. That's why security deposits are collected to protect them from absorbing so much of the costs of non-payment and property repairs. Some renters can flee and avoid their responsibilities when they move out. In...
Do you want to conduct a showing of your rental property while still having tenants inside?
Property showings are an integral part of finding qualifying tenants for your rental property. During the showings, prospects can get a better feel for the rental and see whether it’s perfect for them.
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As a landlord, your tenants have a right to the quiet enjoyment of their rented premises. Basically, this means that even as a landlord, you cannot barge in on your tenants as you like. If you do, it could be considered landlord harassment and you may face legal action.
This guide will go over th...
Raleigh is the best place to experience Southern hospitality in one of the fastest-growing markets in the US. But aside from the job market, you also get access to top universities, a fantastic food scene and charming neighborhoods.
The atmosphere in Raleigh is warm and family friendly. Raleigh i...