First-Time Landlord: Your Guide to Renting Out a Single-Family Home - Softcover

Portman, Janet; Bray, Ilona; Stewart, Marcia

Softcover

ISBN 10: 1413324444 ISBN 13: 9781413324440

Publisher: Nolo, 2017

Synopsis

The 101 on earning rental income from a single-family home

Do you own a house youd like to rent out rather than sell? Its a common scenario in todays market, especially if youve inherited a house, are moving to another home, or are buying an investment property. And it may mean youre 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 4th edition is updated to cover the latest laws and practices affecting first-time landlords of single-family homes.Includes samples of forms every new landlord needs, including a rental application and budget worksheet.

About this title

Review

"Silver Award, 2010 Robert Bruss Real Estate Book Awards 2010". National Association of Real Estate Editors

"Portman, Bray, and Stewart write for people who rent out or want to rent out a single-family house or condominium and want to do most of the work themselves. Increasingly, they say, people become landlords suddenly and accidentally, and need to fit that work around existing work and family obligations. Their topics include preparing and marketing a rental property, managing rental income to maximize tax deductions, keeping things shipshape: repairs and maintenance, exiting the rental property business, and renting out a room inyour home.." Eithne O'Leyne, Editor Ringgold, Inc. ProtoView

"Virtually every book from Nolo Press can be highly recommended without reservation." Robert Bruss, NATIONALLY SYNDICATED REAL ESTATE COLUMNIST

About the Author

Janet Portman an attorney and Nolo's executive editor specializes in residential and commercial landlord/tenant law. She is the author or coauthor of Every Landlord's Legal Guide, Every Tenant's Legal Guide, Renters' Rights, Leases & Rental Agreements, The California Landlord's Law Book: Rights and Responsibilities, and others. Portman received undergraduate and graduate degrees from Stanford University and a law degree from Santa Clara University. As a practicing attorney, she specialized in Criminal defense before joining Nolo.

Ilona Bray is an author and legal editor at Nolo, specializing in real estate, immigration law, and nonprofit fundraising. She is coauthor of Becoming a U.S. Citizen, U.S. Immigration Made Easy, Nolo's Essential Guide to Buying Your First Home and numerous other top selling books. Bray's working background includes solo practice, nonprofit, and corporate stints, as well as long periods of volunteering, including an internship at Amnesty International's main legal office in London. She received her law degree and a Masters degree in East Asian (Chinese) Studies from the University of Washington. Bray also blogs on Nolo's Immigration Law Blog.

Marcia Stewartwrites 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, First-Time Landlord, Every Tenant's Legal Guide, Leases and Rental Agreements, Renters' Rights, and The Legal Answer Book for Families.

Edition details

• Publisher: Nolo
• Publication date: 2017
• Language: English
• ISBN 10: 1413324444
• ISBN 13: 9781413324440
• Binding: Paperback
• Edition number: 4
• Number of pages: 323