Archive for March 2025

Key Takeaways Clear rent terms—including payment methods, late fees, and grace periods—help set the tone from day one. Define who handles maintenance and what qualifies as normal wear vs. property damage. Set expectations around noise, pets, and subletting to avoid confusion later. Keep communication open with tenants by sharing clear contact details and response timelines.…

Key Takeaways Rental income includes more than just monthly rent—think security deposits, tenant-paid expenses, and even services. Landlords can take advantage of a variety of tax deductions, from mortgage interest to repair costs and legal fees. Staying organized with your records makes tax time way easier—keep everything from lease agreements to utility receipts. Your tax…