Property Management Reality During COVID-19 (helpful links included)
Amid the COVID-19 pandemic, tenants are losing jobs which can lead to the inability to pay rent. Meanwhile, landlords are worried about how they are going to make mortgage payments if they waive next months’ rent.
How to Be a Pet-Friendly Landlord Even If You Think It’s a Bad Idea
The probability you’ll have pets in your rentals is pretty high. And with the right pet policy in place and a few related clauses in the lease agreement, you might benefit from being a pet-friendly landlord.
Connect or Not to Connect: Why You Should be Connecting with Your Tenants
One of the best ways to get on the same page as your tenants is to use one property management tool and communicate inside the system.
With TenantCloud, you can easily add a tenant and give them access to the Tenant Portal where they can sign the lease agreement, pay rent, submit maintenance requests, send messages, and more.
Good bye plastic containers!
Tax season is upon us. It is the reminder of all the receipts we didn’t keep and all the costs we didn’t track, so now we have to go back through endless piles of receipts, spreadsheets, emails and try to find all the information we should have kept track of the past year...
The Landlord’s Guide to Tax Season 2020
As tax deadlines approach, developing a baseline understanding of how real estate taxation works should be every landlord’s first priority. In this article, we will outline some of the basics that will help you navigate tax season and introduce you to the deductions that can significantly reduce your taxes.
Is Every Landlord Going Green But You?
Green landlords tend to be environmentally conscious and strive for sustainability. Though there aren’t many people who identify as green landlords around the globe, many are trying to become more energy and water efficient to save money (as well as reduce the environmental footprint of their business).
Tax Deductions for Landlords to Keep in Mind, Part Two
Knowing which deductions apply to you as a landlord will help you take full advantage of available tax benefits during filing season - allowing you to keep more cash in the bank. Below are several equipment and supply deduction categories to keep in mind as you gear up for the big day. Use them as a guide to track your own list of deductibles. By learning your deduction landscape now and by tracking potential deductible purchases, your life will be much easier on tax day.
It's Not the Right Time to Become a DIY Landlord. It's a Perfect Time
Even though people are still trying to buy a home of their own, it’s not an affordable option for most and the demand for rentals is still high. Why not take advantage of that and start investing in rental properties?