Property Management Guide for Foreign Investors
Key Takeaways Foreign investors must research US market trends, financing options, regional laws, and tax requirements before buying. Buying through a business entity (often an LLC) is usually smarter than purchasing in your personal name due to tax and liability implications. International investors face specific requirements, including obtaining an ITIN, a 30% withholding on rental […]
How to Encourage Tenants to Report Repairs Promptly
Key Takeaways Prompt repair reporting protects everyone by preventing small issues from turning into costly damage and keeping tenants satisfied. Tenants delay reporting repairs due to fear of blame, bad past experiences, unclear impact of issues, or complicated reporting systems. Clear expectations and strong communication, thorough leases, pre-lease discussions, and tenant orientation, encourage timely reporting. […]
How to Set Clear Expectations with New Tenants: A Landlord’s Guide
Key Takeaways Clearly communicate rules, criteria, and responsibilities before lease signing to prevent misunderstandings later. A detailed, plan-language lease creates consistency, accountability, and a reliable reference for both parties. Clear procedures for repairs, rent utilities, and deposits reduce conflict and confusion. Consistent communication and transparency help protect the property and foster a professional, positive tenancy. […]
What Landlords Need to Know About Depreciation and Property Value
Key Takeaways Depreciation is an accounting deduction that reduces taxable income, even while a property’s market value and rental income may increase. Residential properties are typically depreciated over 27.5 years and commercial properties over 39 years, excluding land value. While depreciation lowers annual tax liability, it can trigger recapture taxes when the property is sold. […]
Understanding Cash Flow: How to Keep Your Rental Business Profitable
Key Takeaways Cash flow represents what’s left after all expenses are paid. Consistently positive cash flow indicates a sustainable, profitable property, while negative cash flow signals the need to adjust pricing, expenses, or strategy. Demand in areas like Chapel Hill or Carrboro, the type of property you own, and whether you pursue long-term or short-term […]
