Deciding where to purchase real estate in 2022 is on the mind of many rental home investors. First, however, we need to determine what the US rental market will look like for us this year. Although it’s hard to predict, given the last few years we’ve had, we can make some assumptions based on the […]
Category Archives: Tips for New Landlords
26
Jan
Jan
It’s hard to predict what will happen with the rental market in the year ahead. We’ve seen the Covid-19 pandemic spark many changes in the past couple of years, especially within real estate. So, what can investors expect this year? Keep reading as we discuss the 2022 rental market projections and how investors can prepare. […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management, Property Management In Bucks County, PA, Property Management in Pennsylvania, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
2021 Rental Property Tax Checklist and Tips for Landlords
25
Jan
Jan
While many benefits come with investing in real estate, tax time can still be a significant source of stress for property owners. Investors that aren’t well versed in tax requirements, deductions, and processes may quickly become overwhelmed. At the same time, the Covid-19 pandemic has posed many tax changes for people worldwide, including landlords and […]
Owning a Rental Property in Virginia, Property Management, Property Management in Leesburg, Property Management in Northern Virginia, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Property Managers, Tips for Tenants
Landlord Tips for Navigating Housing Vouchers Qualifications
13
Jan
Jan
The Housing Choice Voucher Program provides reasonable accommodation to low-income families and individuals. However, many landlords aren’t very familiar with accepting housing choice voucher qualifications. So, if you are wondering about the requirements and qualifications for low-income housing in Northern VA, keep reading. What is the Housing Choice Voucher Program? The Housing Choice Voucher Program, […]
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management in Howard County, MD, Property Management in Maryland, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
When to Hire an Accountant to Handle Your Rental Property Taxes
10
Jan
Jan
Owning a rental property can be stressful, especially during tax time. A rental owner’s countless tasks and responsibilities near tax time can get extremely overwhelming. That said, many rental homeowners prefer to hire a professional accountant rather than file taxes themselves. However, it’s still good for investors to evaluate finances and plan for tax season. […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Arlington, Property Management in Northern Virginia, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Documenting Tenant Communication During Property Violations
07
Jan
Jan
Among the many tasks of owning a rental property, maintaining tenant communication is one of the most important. After all, communication is the foundation of any great relationship. Handling tenant complaints, repairs, or other concerns can sometimes get extremely frustrating. However, landlords need to keep it together and communicate effectively, even during stressful times. That […]
04
Jan
Jan
Handling lease agreements is one of the most important aspects of any rental business. Without a solid lease agreement, property owners can get damages beyond their budget. In addition, lease agreements are helpful to determine the rights and responsibilities of both the tenant and landlord. That said, sometimes circumstances pop up, and a lease may […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Manassas, Property Management in Northern Virginia, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Top 10 Tax Write-Offs for Real Estate Investors and Landlords
03
Jan
Jan
As we approach the end of the year, rental investors must prepare for tax season. For many, taxes are stressful and can be hard to navigate without professional help. While there are a ton of tax write-offs for real estate investors, property owners must file taxes correctly to make it as beneficial as possible. That […]
16
Dec
Dec
A Property Investor’s Guide to End of Year Tax Planning The endless amount of tasks associated with end-of-year tax planning can be challenging for rental investors. Therefore, we recommend hiring a property management company to assist with tax filing. That said, whether you hire a professional company or file your taxes yourself, you’ll want to […]
08
Dec
Dec
When you are a rental property owner, it’s essential to keep updated with your tax responsibilities. Real estate investors are expected to report their total rental revenue on their tax returns at the end of each year. During this time, investors must declare all payments they receive from tenants as rental revenue. From there, property […]