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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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How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Although property owners and managers ought to maintain rental income in line with local rates and inflation, they need to balance this need with transparency and common sense or risk driving good tenants away. Lease renewals are a typical part of rental property management.

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Professional Property Management: Why It’s Worth the Investment

Real Property Management Chicago

If you are still unsure about hiring a property management company, the following are six reasons why professional property management might be your best option. On the other hand, property managers can help you perform preventive maintenance and fixes that will help avoid expensive emergencies.

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HVAC Preventative Maintenance for Single-Family Rental Properties

Lula

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

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HVAC Preventative Maintenance for Single-Family Rental Properties

Lula

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

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The Costs Of Managing An Airbnb Property

AirKeeper

Short-term rental platforms such as Airbnb have become increasingly popular among property owners aiming to boost their rental income. However, understanding the costs of managing an Airbnb property is crucial before entering this market. What Do Short-Term Rental Property Managers Charge?

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The Costs Of Managing An Airbnb Property

AirKeeper

Short-term rental platforms such as Airbnb have become increasingly popular among property owners aiming to boost their rental income. However, understanding the costs of managing an Airbnb property is crucial before entering this market. What Do Short-Term Rental Property Managers Charge?