First-Time Landlord: Your Guide to Renting Out a Single-Family Home (Paperback)

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Description


The 101 on earning rental income from a single-family home

Do 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 it may mean you're about to be 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 5th edition is updated to cover major legal changes, in particular how the Tax Cuts and Jobs Act created pass-through deductions that can benefit landlords. Includes sample forms and budget worksheets.



Product Details
ISBN: 9781413327939
ISBN-10: 1413327931
Publisher: NOLO
Publication Date: October 13th, 2020
Pages: 336
Language: English