Did you know that more than ten million Americans earn income from rental properties? With so much potential to earn passive income from real estate investing, it is no surprise. However, if you want to become a rental property owner and cash in on the profits, there’s one thing you must understand: taxes. Specifically, income taxes and capital gains taxes.…
All County Property Management
April 16, 2024
When a tenant damages your rental property, a profitable asset can become a liability overnight. And let's face it, it's hard to be truly prepared for this part of being a landlord. Tales of tenants transforming living spaces into aquatic havens, dogs digging holes through walls, and mistreated appliances are not uncommon. However, there are proactive steps you can take…
All County Property Management
April 9, 2024
Do you ever catch yourself thinking, “Are rental properties a good investment?” Well, we can tell you with certainty that they are, and for many reasons. Not only does real estate investing boost your wealth and make it cheaper to borrow money, but it comes with numerous tax benefits. You can make dozens of standard deductions to lower your tax…
All County Property Management
April 8, 2024
Stainless steel appliances have been a popular choice for years. It is often believed that they help increase the value of a rental property, as well. The question is: will stainless steel continue to be something renters look for? The short answer: yes. According to research by Houzz, the most popular kitchens of 2023 all had stainless steel appliances. However,…
All County Property Management
April 4, 2024
Eviction, or involuntary termination of a lease, is a situation no landlord or tenant ever wants to face. Unfortunately, sometimes the relationship deteriorates to the point where it's the only option that remains— and when that happens, you'll want to make sure you have a thorough understanding of the legal ins and outs of the eviction process so you can…
All County Property Management
March 28, 2024
The greater Denver area is a popular, fast-growing area, which means that competition for great rental properties can be fierce. As a landlord, you started renting your property to make a profit, and increases in your costs can leave you with the choice between making less profit or passing on some of the costs to your renters. What is a…
All County Property Management
March 21, 2024
While there is no federal law that requires tenants to have renters insurance, landlords have a right to require their tenants to secure a renters insurance policy before moving onto the property. If you're a landlord considering mandatory renters insurance, the short answer is yes, it's a good idea—however, it's still a decision that requires careful consideration to ensure it…
All County Property Management
March 14, 2024
Remodeling research shows that, in recent years, spending on home renovations and repairs has grown to equal the size of the new residential construction market. Because new construction only accounts for 1.5% of the housing stock, existing properties supply most of the housing needed to meet demand. Thus, if you own a rental unit, it’s in your best interest to…
All County Property Management
March 14, 2024
Did you know economists consider real estate one of the best recession-proof investments you can make? This is because real estate investing is a long-term game that isn’t affected by short-term occurrences. However, you shouldn’t just purchase any property that comes your way. Real estate investors know the importance of calculating ROI and assessing a property’s market value before buying…
All County Property Management
March 6, 2024
Data from the Insurance Information Institute (III) shows that between 2017 and 2021, nearly 6% of insured homes filed a claim on their homeowner’s insurance policy. While 6% doesn’t seem like a high number, the average cost of damage was about $15,000. Homes with fire damage experienced over $80,000 in damages! If you don’t have a property insurance policy, you…
All County Property Management
January 31, 2024
