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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. Read more
Publisher : NOLO
Publication date : October 13, 2020
Edition : Fifth
Language : English
Print length : 336 pages
ISBN-10 : 1413327931
ISBN-13 : 39
Item Weight : 1 pounds
Dimensions : 6 x 1 x 9 inches
Best Sellers Rank: #1,173,295 in Books (See Top 100 in Books) #375 in Practical Law Guides for Real Estate #974 in Buying & Selling Homes (Books) #1,144 in Real Estate Investments (Books)
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