Archive for the ‘home rental property’ Category

What are some of the pitfalls to buying a rental property after just having purchased my first primary home?

Sunday, December 27th, 2009

I just recently purchased my first home, a townhouse. I borrowed $12k from my 401k to help pay for the closing costs. My concern is this: what are some of the common problems with buying a rental property, once my 401k is paid back? My goal is ...

Rental Property Advice : How to Evict a Tenant

Friday, December 25th, 2009

To evict a tenant, first consult with an attorney to make sure they have violated his or her lease, deliver an eviction notice to the tenant in person and file all of the proper paperwork before going to court, if necessary. Evict a tenant and reclaim the rental property with ...

Rental Property Management : Getting Started in Property Management

Sunday, December 20th, 2009

Getting started in property management involves renting out a property or a part of the property, making sure it is up to code and drawing up renter contracts. Earn a little extra income by renting out a property with helpful information from an experienced real estate agent in this free ...

Is travel cost related to home improvement for a rental property deductible?

Friday, December 18th, 2009

I bought an apartment in 2007 as a rental property in a different state. The building is still being constructed and I have a loan on this property and am paying mortgage interest. In 2008, I traveled to this location to decide on customizations on the property (carpets, ...

House For Rent Rental Property Harrisburg PA

Thursday, December 17th, 2009

www.StopPayingRentInPA.com - This great semi-detached house is available for rent or rent to own. Located in Harrisburg PA, features include hardwood floors throughout and fresh paint and kitchen.Duration : 0:4:21

Where I can find home owners Insurance policy for a Rental Property that also covers the Property Management?

Wednesday, December 16th, 2009

We have a property management company that handles our rental property. They require us to carry a homeowners policy with THEIR name on our policy for liability. This type of policy does not seem to be the norm and therefore is hard to find. Can anyone assist? ...

If I own a rental property and I purchase home improvement supplies?

Sunday, December 13th, 2009

If I own a rental property and I purchase home improvement supplies (drywall, insulation, flooring, lighting etc...) for that rental property, can I claim that at the end of the year in my taxes. Are there any stipulations as to how long you have to own the property and ...

Tax Tips & Advice : How to Get Tax-Free Profit From Your Rental Home

Sunday, December 13th, 2009

To get tax-free profit from selling a rental property the owner needs to have used and lived in the rental property for at least 24 months out of the past five years. Discover all the requirements to getting tax-free profit from a rental property safely and legally with tips from ...

Landlords, do you have have a home warranty on your rental property?

Tuesday, December 8th, 2009

I will be renting my home through a rental agency and need to know if it is beneficial to have a Home Warranty while you have renters or just allow the rental agency take care of maintenence? It's beneficial to always have a home warranty on your home, whether you rent ...

Is home equity loan on a rental property tax deductible?

Sunday, December 6th, 2009

I own a home right now where I am still paying PMI. I also have a rental property. I would like to take a home equity loan on the rental property to pay-off some of my mortgage so I will not have to pay PMI to my first ...