Tag: Housing
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Property Owners and Tax Time
The key to saving money on your tax return is to take advantage of the many deductions offered to full-time rental property owners. Your property is considered a full-time rental if you allocate fewer than 15 days for personal use. Some of the most basic deductions that landlords could easily overlook are costs related to…
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DIY Upgrades That Make Your Property Feel Like a Luxury Rental
Renovations can be expensive, especially when you want to turn your property into a luxury rental to attract higher-paying tenants. While materials and furniture can be expensive, the prices really start to climb when you bring a professional into the mix. Luckily for your budget, that isn’t always necessary. Instead, try these DIY upgrades, all…
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Michigan Landlords Can Say No To Marijuana
LANSING, Mich. — Michigan Gov. Rick Snyder has signed legislation that lets landlords prohibit medical marijuana patients from growing or smoking the drug on leased residential property. The law enacted Tuesday adds another exception to a 2008 voter-approved law that legalized the use of marijuana for medical purposes. That law already does not require insurers…
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New Fair Housing Guidelines
HUD Releases Guidance on Fair Housing and Criminal Screening in Private Housing The U.S. Department of Housing and Urban Development (HUD) issued new guidance on April 4, 2016, on the use of criminal conviction records by housing providers in screening applicants. The guidance advises housing providers that blanket policies of refusing to rent to or…
Rental Management One 