First Time Landlord Your Guide to Renting out a Single Family Home
by [Bray J.D., Ilona, Portman Attorney, Janet]
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Description
The 101 on earning rental income from a single-family homeDo you own a house you'd like to rent out rather than sell? It's a common scenario in today's market, especially if you've inherited a house, are moving to another home, or are buying an investment property. And the logical next step might be for you to become a first-time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes.- Learn your legal obligations.- Estimate costs and profits.- Choose good tenants and avoid problem ones.- Make the most of valuable tax deductions. - Handle repairs and property management tasks.
The 6th edition is updated to cover new trends in tenant-screening restrictions and municipal licensing requirements and fees.