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Being a Landlord

What California rental properties are exempt from rent control rules?

Question: What California rental properties are exempt from rent control rules?

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Can I forbid a tenant from running a day care business in her rental apartment?

Question: One of my tenants wants to run a small day care program out of their rental unit. Do I have the legal right to forbid this? I’m concerned...

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Do state landlord-tenant rules apply to tenants renting out my condo?

Question: I’m renting out my condominium in southern California. Do state-landlord tenant rules apply to me?

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Top 10 Landlord Legal Responsibilities in California

California landlords must follow specific state rules when it comes to renting to tenants, including how much you can charge as a credit check fee and...

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Top 10 Landlord Legal Responsibilities in Nebraska

Successful property managers in Nebraska know the importance of staying on top of landlord-tenant law.

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Top 10 Landlord Legal Responsibilities in Minnesota

The law in Minnesota sets out specific responsibilities for landlords, including how much security deposit you can charge, what disclosures you must m...

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Top 10 Landlord Legal Responsibilities in Maine

Running a rental property business in Maine entails many legal responsibilities—from how you choose tenants to how and when you return security depo...

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Top 9 Landlord Legal Responsibilities in Colorado

Colorado landlords must follow specific state (as well as federal, and often local) rules when it comes to running a rental property business.

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Deducting Interest When Constructing a New Building

Wondering whether you can deduct the interest you pay on money you borrow to buy land and construct a building? The answer depends on what you use the...

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State Laws on Handling Abandoned Property

Most states regulate the way landlords must handle property left behind by departed tenants. Many set notice requirements as to how landlords must c...

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Recordkeeping for Landlords

Your deductions for your rental activities are only as good as the records you keep to back them up.

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Filing Your Taxes When You're a Landlord

How landlords file their taxes depends on how their rental property is owned: individually or through a business entity.

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Hiring Independent Contractors for Your Rental Activity

Most of the people landlords hire to help them are independent contractors (ICs) who offer their services to the general public, as opposed to employe...

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Deducting Landlord Out-of-Town Travel Expenses

If you travel overnight for your rental activity, you can deduct your airfare, hotel bills, meals, and other expenses.

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Deducting Landlord Car Expenses

The cost of traveling by car or other vehicle is deductible in the year incurred as an operating expense so long as the travel was ordinary and necess...

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Deducting Expenses You Incur Before Your Real Estate Business Begins

Landlords often need to spend money to get their rental business started. Costs you incur before you are actually in business are called start-up expe...

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How Landlords Can Use Cost Segregation to Speed Up Depreciation Deductions

When you purchase a rental property—whether a house, duplex, apart­ment ­building, or condominium—you pay a single lump sum to the owner, but yo...

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How Landlords Can Deduct Long-Term Assets

Long-term property is property that lasts more than one year--for example, buildings, tangible personal property like stoves and refrigerators, office...

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The Home Office Tax Deduction for Landlords

The federal government helps out business owners by letting them deduct their home office expenses from their taxable income.

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landlord tax deduction

Whenever you fix or replace something in a rental unit or building you need to decide whether the expense is a repair or improvement for tax purposes....

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How Landlords Can Deduct Casualty and Theft Losses from Their Taxes

If you watch the news, it seems that large portions of the country are constantly being affected by natural disasters such as floods, hurricanes, ...

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Tax Rules for Hiring Resident Property Managers

Landlords who don’t want to do all the work themselves often hire a resident manager (also called an apartment manager) to handle the day-to-day...

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How the New Medicare Tax Applies to Rental Property Owners

Historically, Medicare taxes have been imposed only on “earned” income—wages earned by employees and net income from self-employment.

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Top Ten Legal Mistakes That Can Sink Your Landlord Business

Being a successful landlord requires lots of practical know-how, business moxie, and familiarity with the market. Until about 30 years ago, the law di...

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Ten Tips for Landlords

Simple suggestions to help your landlord or property management business run smoothly.

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