Sentences with phrase «if rental»

If the rental market softens, the seller may be locked into the higher rental rate negotiated at the time of the sale - leaseback.
If your rental agreement sets the stage for charging for damages as they occur or as you discover them, you will be better off in making the tenant pay for the damages now.
If its a rental property you will have to repaint and scrub walls at some point so I'm always a fan of using a color that is friendly to touch ups.
I did check with my HOA and we are allow to rent out the condos if the rental to owner ratio is below 50 %.
But like I said we don't have problems filling it, even if rental market softens for the larger rentals at higher price points.
If your rental property is situated in a good, above - average location with the right environment, given how the Real Estate market is going these days, it can appreciate over the years which will end up increasing the property value of your house and even allowing you to raise your rent as well overtime.
If rental income is the sole reason why you are making this investment, cities like Columbus and Phoenix seem to be a better bet for you as you can buy larger properties demanding higher rent.
If your rental property does well, then their business does well.
Anyway, HOA's can at random vote to restrict renting and thus grandfather in your lease which defeats the purpose if its a rental property.
You wouldn't want to know if the rental next door had someon with a criminal record like that or worse?
But then for rental income there is a exemption to the exemption if the rental has debt financing.
If your rental is on a slab, have you considered stained concrete?
However, if the rental market is slow and you can compensate for the fact that the lease would be short term by charging more for rent for that privilege, it's not necessarily a bad idea.
most importantly, check nearby rentals and see if the rental rate is in line with what your place is charging.
As @Bill Walston said, don't expect a refund from any other state as you will file nonresident returns and you will be in a situation where if your rental is profitable you could be owing said states.
If your rental income is all reported on Schedule E, you will have no rental income on Schedule C to make the Home Office Deduction worth taking.
Excls: Hot Water Tank If Rental.
Excls: Bedroom Curtains, Dining Room Chandelier, Server Racks & Tool Bench, Hot Water Tank If Rental.
Exclusions: Hot Water Tank If Rental.
Ex: Hwt (If Rental)
Please include selling Broker (if Broker / Realtor / Agent was involved), sale / rental price, commission, concessions (if any), closing date, buyer's name, and rental lease length (if rental listing) so we may properly update the MLS.
REALTORS ® believe that if rental unit inspections are to be required, they should be conducted for all properties on a systematic basis utilizing criteria that are standardized, well - publicized and limited to true health and safety issues only.
This is referred to as rent credit, which most institutional lenders will accept as part of the down payment if rental payments exceed the market rent and if a valid lease - purchase agreement is in effect, a copy of which must be attached to the loan application.
If your rental is drawing in the kinds of applicants that you are looking for, talk with your property manager to ensure that the asking monthly price is competitive and compares to other similar properties in your area and that are relatively the same age.
If your rental property is plagued by constant tenant turnovers, this could be because you are overcharging for rent.
If your rental property is in an area with limited street parking, you can also create extra garage spaces for parking, and offer tenants the option of paying more for a monthly or annual parking spot.
If that rental property were owned by a real estate investor individually, he or she would be named in the lawsuit and would have to defend his or her personal assets from the plaintiff's claims.
If your rental property management licence was issued before July 21, 1994, you will be required to complete the Rental Property Management supplemental course and examination to continue providing rental property management services.
If your rental property is damaged or destroyed from a sudden event like a fire or flood, you may be able to obtain a tax deduction for all or part of your loss.
However, you can deduct car expenses only if your rental activity qualifies as a business or an investment for tax purposes.
So ask yourself this: What would happen to your portfolio if the rental market weren't this hot?
This can occur if credit for homebuyers is too tight (particularly first - time homebuyers who form new households), if existing homeowners can not sell their homes to relocate for employment reasons, and / or if rental housing can not be developed for areas with rising labor demand.
However, if the rental period is in excess of 45 days then no VAT is to be charged on the rent as the intended use is a rental of a «dwelling».
Your online reputation will go downhill very quickly if your rental property isn't spotless.
Lease Terms: If a rental agreement does not specify a week - to - week tenancy or a fixed term tenancy, the tenancy will automatically be a month - to - month tenancy.
Exclude: Hot Water Tank (If Rental)
Disclosure is required if the rental property manager or the strata manager anticipates receiving, either directly or indirectly, a benefit from expenditures made by or on behalf of a principal to whom the rental property or strata management services are provided.
It's fairly obvious that if rental rates are rising that homeownership will decline, but it's still worth looking at this trend for the sake of knowledge.
Excld: Hwt (If Rental)
Excl: Hot Water Tank If Rental.
Section 5 - 9 of the Rules exempts a licensee from the need to make disclosure if the rental real estate that is being acquired by the licensee, or the licensee's spouse or family partner, complies with the following provisions:
If the rental rates in your current area are not significantly higher than your mortgage payment, it may not be the right time to invest in another home.
Excls: Hwt If Rental.
If rental properties are even a quarter of the $ 36 Trillion US real estate market, we can say with confidence that it has major economic impact.
I think it makes more sense if your rental has older things that need to be replaced soon.
If a rental, you'll trigger the full recapture tax (25 % of all depreciation) due no matter how much down payment you receive.
Andrew also has some excellent tips for finding great real estate deals, so if rental properties are in your future, this is one show you don't want to miss!
If you rent out your second home, you will have to consider additional tax ramifications, particularly if the rental period extends beyond 14 days a year.
Sounds like I would make a run at it if the rental market is there.
Legally in California you can take up to two months worth of rent amount as a security deposit if the rental s unfurnished or three months amount for security deposit if th3 rental is furnished.
a b c d e f g h i j k l m n o p q r s t u v w x y z