Posts Tagged ‘Rental Property’
Tax Breaks To Suggest to Rental Property Owners
Rental properties are an excellent and ongoing investment but are even better when the owner of the property understands the number of tax credits and other breaks they can apply for. Let your rental property clients know about the following ways to increase their return on investment. If they’ve borrowed money from you this is…
Read MoreReal Estate Investing Tax Benefits: Maximize Returns While Minimizing Liabilities
Real estate investing is a great way to diversify your portfolio and generate relatively passive income. There can be significant real estate tax benefits, as well. Although each individual situation is unique—and it’s always a good idea to speak with a tax professional if you own real estate investments—there are some common tax benefits that…
Read MoreCreative Approaches to Marketing Your Vacation Rental Business
Thanks to modern online marketing, it’s never been easier to promote and hype up a vacation rental business. Of course, this also means that the competition within the vacation rental market has become tougher than ever, pushing businesses to continuously innovate and find unique ways to stand out in a crowded market. Thankfully, you don’t…
Read MoreAirbnb or Permanent Tenancies – Which is Best?
If you are interested in renting out your property, you may be wondering whether it makes more business sense to turn it into an Airbnb or to find a permanent tenancy. The right answer will depend on a number of things such as your property type and location and of course, your expectations and aspirations.…
Read MoreProperty Owner’s Guide to Service Apartment Renovations
Service apartments are a great way to earn passive income, but it can be hard to know where to start with renovations. This guide will take you through the process of renovating your service apartment, from identifying which rooms to renovate first, to ensuring that everything is up to code and in good condition. How…
Read MoreAdvice for First-Time Landlords: Here’s What You Need to Know
If you are not familiar with the trials and tribulations of property management, you might think that being a landlord is the most straightforward job imaginable. After all, owning a property is a stable source of passive income. You can use that money to pay off your mortgage or some other debts or even gain…
Read MoreHow to Generate Profit from Your Property
Few people become landlords without making a profit in mind. They aim to generate rental income and retain a profit after their expenditures. This profit might form part of their retirement nest egg or go toward financing their next property purchase. However, as a landlord, ask yourself whether you are maximizing the potential profits on…
Read MoreRenting Storefront or Office Space? 8 Pros & Cons
You started your business at home. It has taken off in directions you didn’t expect. Now your house feels too small. Should you buy commercial space or should you wait? While your accountant should have a say in the matter, this article will try to help you decide whether your business needs a storefront or…
Read MoreHow to Start a Buy-to-Let Business in the UK
Thinking of starting a buy-to let-business this year? While the economy may be in recession, there are still many opportunities within the property sector. Buy-to-let properties can be potentially lucrative. However, there are a lot of things you need to think about before deciding if it is the right career for you. Here, you’ll discover…
Read MoreHow Can I Maximise My Monthly Rental Income?
Buy-to-let landlords need to invest a significant amount up front if they’re to make their business viable. Every step that can be taken to optimise the income stream should be considered. The more money being brought in every month, the more can be invested back into property. Cleaning After a given tenant clears out, it’s…
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