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Synopsis
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.
"synopsis" may belong to another edition of this title.
About the Authors
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.
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.
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Paperback. Condition: new. Paperback. The 101 on earning rental income from a single-family homeDo 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. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781413332704
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