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5 security deposit alternatives to reduce vacancies and attract tenants

Buildium

Collecting a traditional security deposit has always just been a part of the leasing process. Security deposit alternatives are financial programs that replace the traditional lump-sum deposit with a more flexible option—usually smaller monthly payments spread out over the lease term. What Are Security Deposit Alternatives?

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Is Rental Income Taxable? What Landlords Should Know

Bay Property Management Group

Many landlords ask, ‘is rental income taxable?’ In this article, we’ll cover the core tax tips every landlord should knowfrom what counts as rental income to how to track your expenses and deductions. Is Rental Income Taxable? What is Considered Rental Income?

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What Is a Master Lease in Real Estate, Answered

Bay Property Management Group

Some people sublet their units, others turn them into short-term rentals, and then there’s one you might not have heard of yet—a master lease. So, what exactly is a master lease in real estate? What Is a Master Lease in Real Estate? How Does a Master Lease Work? Who Uses Master Leases in Real Estate?

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Rental income potential Purchasing a multifamily property often leads to a far better return onreal estate investment (ROI)than other passive forms of investing. Your rental income, operating costs and the amount of your mortgage loan are factors that influence your ROI.

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What Is a Ground Lease? What You Need To Know

Bay Property Management Group

Acquiring property without buying it outright sounds too good to be trueuntil you learn about ground leases. For investors looking to build without spending millions on land, or landlords who want a more passive investment, this kind of lease could be the golden ticket. Main Takeaways What is a ground lease?

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Tax accounting for rental property management: What landlords should know

Buildium

Understanding Rental Income The first step in getting a handle on tax accounting for rental property is understanding exactly what counts as rental income and expenses. What Counts as Rental Income? Rental income includes all the payments you receive from tenants.

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What Is A Rent Ledger & Why Would You Need One?

Bay Property Management Group

In practical terms, see it as a clear summary of your rental income, organized by tenant and lease. Honeycomb Insurance has an example of a rent ledger on their site. Keeping track of these details may seem simple, but it can make a huge difference in how you run your rentals.