Property Management News
WASHINGTON – Citing an acute shortage of affordable rental housing and severe regulatory burdens that drive up the cost of single- and multifamily housing for homebuilders and consumers alike, the National Association of Home Builders (NAHB) today called on Congress to pursue regulatory reforms that will help improve affordability and promote new development. Testifying before the House Financial Services Subcommittee on Housing and Insurance, Granger MacDonald, a home builder from Kerrville, Texas, and first vice chairman of NAHB, told lawmakers that home building is one of the most heavily regulated industries. “Government regulations account for 25 percent of the cost of a new... Read more
In the age of social media and online rating sites, the majority of potential renters start searching for a place to live using some type of mobile device or desktop...
Move over, Marriott. Hotels were once the default lodging option for travelers, but in recent years, demand has boomed for vacation rentals in private homes. And...
An analysis of millions of credit reports comparing financial behavior patterns of those who currently rent and those who have a current mortgage revealed that tens of...
Turn on HGTV or any number of other channels almost anytime during the day or night and you’re bound to find at least a couple of shows about flipping houses. Some...
It’s tax season again. If you own a rental property, your tax strategy is more complex than for the home you live in. Here are some important tax tips for rental property owners. Rental property tax considerations each year Here are some points to keep in mind when you file your annual return: Your rental property shows up on Schedule E of your tax returns, which logs rental income and expenses. The expenses include mortgage interest, property tax, maintenance, repairs, utilities, property management fees, depreciation, and all other costs associated with owning the property. If you pay points when you close your rental property purchase loan, you cannot fully deduct them the year... Read more
Having a rental property that’s attractive to college students is a good thing. By having a college-accessible rental property, you are guaranteeing a long line of...
No one said being a landlord would be easy, but the profit potential is such that plenty of people do it. The good news is that most landlords have a very easy, trouble...
Let’s face it, first impressions matter. We care about how we dress for a job interview, and we spent extra time in front of the mirror before that first date. When it...
Which superstore offers home owners the best returns on home prices? Target is more likely, a new study concludes. Real estate data firm RealtyTrac researched the effect...
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