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 the logical next step might be for you to become 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 6th edition is updated to cover new trends in tenant-screening restrictions and municipal licensing requirements and fees.
Mục lục
Your First-Time Landlord’s Companion 1. Will Landlording Bring You Money and Happiness? 2. So Happy Together: Landlording With Family or Friends 3. Preparing and Marketing Your Rental Property 4. Screening and Choosing Good Tenants 5. Preparing a Lease and Getting the Tenant Moved In 6. Manage Your Rental Income to Maximize Tax Deductions 7. Keeping Things Shipshape: Repairs and Maintenance 8. Landlord Liability for Injuries, Crimes, and More 9. Living in Perfect Harmony? Dealing With Difficult Tenants 10. Don’t Want to Do It Alone? Hiring a Property Manager 11. Ready to Quit? Exiting the Rental Property Business 12. A Slower Exit: Rent-to-Own Arrangements 13. Renting Out a Room in Your Home
Giới thiệu về tác giả
Marcia Stewart writes and edits for Nolo on landlord-tenant law, real estate, and other consumer issues. She is the coauthor of Nolo’s Essential Guide to Buying Your First Home, Every Landlord’s Legal Guide, and Rental Agreements, Renters’ Rights.