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Tax accounting for rental property management: What landlords should know

Buildium

Note: This guide is intended to provide general information on rental property tax accounting. For specific advice on your own property or portfolio, speak with a tax professional that can examine your specific situation in detail. What Counts as Rental Income? Heres a quick breakdown of those definitions.

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How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Lease renewals are a typical part of rental property management. The most favorable outcome could be maintaining a reliable renter, which aids in preventing turnover costs and ensures a consistent rental income. This market analysis is a key element in rent adjustments and can be utilized to justify any increases.

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Managing Tiny Home Rentals: A Guide for Property Managers

Real Property Management Chicago

This trend is profoundly impacting the rental market, giving an affordable alternative to more traditional housing. For rental property managers and owners, tiny homes offer a unique opportunity to attract tenants in search of affordability, sustainability, and a simplified lifestyle. Embrace the tiny home trend!

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How Resident-Centric Policies Will Dominate 2025

Beach Front Property Management

In 2025, several new rental laws and evolving resident expectations will modify how property owners and managers run their operations. Whether you are managing a portfolio of units or a single building, staying ahead means adapting to these shifts in the rental property management landscape.

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Questions To Ask During Your Apartment Tour

Bay Property Management Group

Know Whats Included in Your Rent – Clarify whether utilities like water, electricity, gas, and internet are included in the rent or if they need to be paid separately. Are repairs your responsibility, or does the management cover them? Are Utilities Individually Metered? Are there Guest Parking Options, and Are They Free?

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What Every Landlord Should Know About Rental Market Seasonality

Real Property Management Enterprises

As a rental property owner or manager, you may have seen that particular months of the year bring a surge of rental inquiries while others appear to be less busy. That is the consequence of seasonality in the rental market. Property managers can modify strategies to keep units occupied.

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What Is a Quadplex? A Guide for Tenants

Bay Property Management Group

But working with a team that offers rental property management in Washington, D.C. It’s a multifamily property with four separate units under one roof. Will I have my own utilities in a quadplex? Each property is different, so this isn’t always the case. So, what is a quadplex, also called a fourplex?