What Is Considered Abandoment of a Rental Property?

Answer The laws in each state across the country regulate when a landlord may consider a rental property abandoned. These regulations also detail what a landlord must do with any remaining personal proper... Read More »

Top Q&A For: What Is Considered Abandoment of a Rental Property

Is sale of rental property considered passive income?

According to the IRS, there are only two kinds of passive income: trade or business activities in which you do not participate materially, and rental activities. If you recognize gain from the sale... Read More »

Is your property management co allowed to make semi annual inspections of your rental property?

Yes, if it says so on the lease. Normally these inspections are in the form of "preventive maintenance," meaning they're inspecting the plumbing, air conditioning, and for pests. They have the righ... Read More »

Can a relative on section 8 live in your rental How Can you rent your Property through section 8 How can your rental house be classified section 8?

How to Buy Rental Property?

Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you've found a good deal - especially the first ti... Read More »