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First-Time Landlord

Your Guide to Renting out a Single-Family Home

Marcia Stewart, Janet Portman, Ilona Bray, et al.

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Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft

Beschreibung

The 101 on earning rental income from a single-family home

Do you own a house you’d like to rent out rather than sell? It’s a common scenario in today’s market, especially if you’ve inherited a house, are moving to another home, or are buying an investment property. And it may mean you’re 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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Schlagwörter

rental property investing, real estate, personal finance, property management, tenant, leasing property, legal, buying and selling homes, business, real estate investments, rental house, rent my house, tax deductions, property investment, law, nolo, legal self help