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Is Rental Income Taxable? What Landlords Should Know

Bay Property Management Group

Many landlords ask, ‘is rental income taxable?’ ’ Whether you’re renting out one property or several, understanding taxes is crucial for your business’s health. Is Rental Income Taxable? As property management in Baltimore can tell you, renting out a property is a business.

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How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Lease renewals and rent adjustments are one of the most challenging aspects of property management. Numerous factors could lead to complications, rendering them difficult for both property owners and renters. Here are some innovative strategies for lease renewals and rent adjustments that are fair and financially effective.

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Can You Pay Rent After an Eviction Notice?

Bay Property Management Group

Whether its paying overdue rent, negotiating with your landlord, or exploring legal protections, taking the right steps can make all the difference. So, can you pay rent after receiving an eviction notice? Maryland law even allows tenants to redeem their lease by paying rent and late fees before the court finalizes the eviction.

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Airbnb vs. Renting: Which Option Is Better?

Hospitable

Airbnb vs. Renting: Which Option Is Better? By The Hospitable Team Beginner's Guides , OTAs , Starting an STR Business Investing in rental properties is a popular strategy for generating extra cash. In this article, we’ll compare Airbnb vs. renting to help you discover the pros and cons of each rental strategy.

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What Is a Fourplex? A Practical Guide for Property Investors

Bay Property Management Group

A fourplex is an ideal investment if you’re looking for a better flow of income. Since you have four separate units, you can collect rent from multiple tenants all under one roof. Even if one unit sits vacant for a while, the others can still generate income to keep things moving. On a rainy day, that can be a lifesaver.

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How to Minimize Vacancy Rates in Your Rental Properties

Young Management

Understanding how to minimize vacancy rates is an essential skill for any property owner. The key to reducing vacancies lies in several factors, including attracting quality tenants, providing excellent customer service, setting competitive rents, and keeping the property well-maintained.

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Boost Your Rental Property ROI with Property Management in Upper Arlington, Ohio

RL Property Management

Property management companies offer professional support to tackle these challenges and keep your investments running smoothly. From tenant management to regulatory compliance and property maintenance, their services allow you to focus on growing your portfolio while keeping everything in check.