Do I have to pay tax on my rental income?
Consider a few key factors key to making the decision to hire a property management company. You may find this step could enhance your bottom line and improve your business operations.
Common Landlord Questions
When should I hire a property management company?
Consider a few key factors key to making the decision to hire a property management company. You may find this step could enhance your bottom line and improve your business operations.
How frequently does a landlord have to visit their rental property?
If a landlord doesn’t live near their rental property, how frequently do they have to visit the property? While every Landlords situation is different, there are certain situations that typically sway owners one way or the other when determining if it’s in their best interest to hire a property manager. Rather than manage the property …
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Which is better: furnished or unfurnished rentals?
Furnishing a rental property is a considerable expense. Should you spend the money or let your tenants furnish your unit? Here are a few things to consider when deciding whether you should rent out your unit furnished or unfurnished. Benefits Of Renting Out A Furnished Unit You can demand a higher rent. A well-furnished property rents …
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Should I accept rent in cash?
First-time landlords often wonder if they should accept cash as a form of payment for rent. It can be awfully tempting. There’s no risk of a bounced cheque, you can simply deposit the money straight away. And if your tenant is paying late, or is having financial difficulty paying, it may be the only way …