Homeownership is a critical building block of household wealth, a fact that's obscured by the traditional comparison of renting and owning costs. The post The Misleading Math Behind the Rent vs. Buy ...
Learn about Effective Gross Income (EGI)—the sum of potential gross rental income and other income minus vacancy and ...
This biweekly sponsored column is written by the experts at Gordon James Realty, a local property management firm that specializes in residential real estate, commercial real estate and home owner ...
Property depreciation is the gradual reduction in the value of a property over time due to factors like wear and tear, which can be used for tax deduction purposes. Property depreciation is typically ...
In my last commentary, I wrote about the misleading math behind the rent vs. buy calculation. My main point was that focusing on the direct, total monthly costs of renting vs. buying misses the ...
Calculating return on investment (ROI) on a rental property is essential for understanding its profitability and making informed decisions as an investor. ROI measures how much profit you’re ...
Q: I'm a new manager of a small apartment complex and would like to know how to figure out prorated rent for February. Is it the same amount as if the month had 30 or 31 days? A: Prorated rent is the ...
Whether your small business involves renting out your vacation home while you aren't in it or purchasing property to rent to tenants on a long-term basis, you must report rental income and pay taxes ...