First Time Landlord

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 7th edition is updated to cover the latest IRS limits regarding landlord tax deductions.