Tag: landlord

  Before signing a lease with potential tenants you must screen them to help ensure they can pay the rent and are responsible. That will help minimize the chances of wasting time and money trying to evict them and make repairs to the property. First, you want to review their credit rating and their income. You can check income by requesting pay stubs, W2 forms or filing with the IRS a Form 4506, Request for a Copy of Tax Return,… Read more ›

Have you always wanted to buy rental property and become a landlord? As you can imagine, putting up with some tenants can be a pain in the neck. But the discomfort can be eased by the valuable tax breaks available to rental property owners. In fact, favorable tax laws are one big reason why so many fortunes have been made in real estate. Another big reason is that leveraging real estate investments with mortgages can multiply profits. But for purposes… Read more ›

Have you always wanted to buy rental property and become a landlord? As you can imagine, putting up with some tenants can be a pain in the neck. But the discomfort can be eased by the valuable tax breaks available to rental property owners. In fact, favorable tax laws are one big reason why so many fortunes have been made in real estate. Another big reason is that leveraging real estate investments with mortgages can multiply profits. But for purposes… Read more ›