While the average ROI for a U.S. rental property is 10.6%, you also have to account for income taxes. Being a landlord is just like any other job, which means it is taxable.If you are wondering how to report your income for your rental properties it can be somewhat confusing.Use ...
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How to Handle a Tenant Eviction
By Kayvon Homayoun - Tuesday, June 27, 2023
Being a landlord comes with some challenges. Finding yourself facing the crossroads of eviction is one. It's not a situation any landlord wants, but it is a reality sometimes.But you can avoid the drama if faced with a tenant you must evict. The trick is to stay clued up on t...
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How to Collect Late Rent From Your Tenants
By Kayvon Homayoun - Tuesday, June 20, 2023
One in seven California renters is behind on their rent, statistics show.It might be because of inflation, a job loss, or because of an illness. Sometimes there may simply be a miscommunication or a payment didn't go through. Whatever the reason, late payments do indeed happe...
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How Is Rental Income Taxed?
By Kayvon Homayoun - Tuesday, June 13, 2023
About 44 million households in the US are renters.Owning rental property is a great way to generate income, but like all income, you'll have to pay taxes on it. Knowing how is rental income taxed will help you ensure you pay the correct amount each year. There are also certai...
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San Diego Rental Market: 2023 Outlook and 2024 Predictions
By Kayvon Homayoun - Tuesday, June 6, 2023
The average home in San Diego is worth $975 000. This makes purchasing a home in this city a serious investment. And as it is with everything that demands your hard-earned cash, never dive head first without the market analysis.Below, we have outlined the expected performance of ...
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How to Manage Stress as a Landlord
By Kayvon Homayoun - Tuesday, May 30, 2023
Starting a rental property business can be a lucrative investment, but it's far from a walk in the park. Aside from managing repairs and tenant expectations, landlords have to worry about their day jobs, if any. The to-do list is never-ending, and it can be easy to burn yours...
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Should I Allow Pets in a Rental Property?
By Kayvon Homayoun - Tuesday, May 23, 2023
According to the APPA, there are 86.9 million pet-owning households in the United States, which is over 60% of the population. While some of these animal lovers settle for smaller creatures, most of them share their homes with dogs and cats.When you allow pets in a rental propert...
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How to Get Tenants to Renew Leases
By Kayvon Homayoun - Tuesday, May 16, 2023
According to the Southern California Rental Housing Association, San Diego needs at least another 12,000 homes to satisfy the current need for housing. That means there's a high demand for rental properties in the area.Even though it's easier to find tenants than ever bef...
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5 Essential Tips for First-Time Landlords in San Diego
By Kayvon Homayoun - Tuesday, May 9, 2023
San Diego is the fourth most expensive rental market in the United States, according to a recent survey. This makes the city an attractive choice for potential landlords considering investing in California rental properties.Becoming a landlord isn't difficult, but it does tak...
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10 Reasons to Hire a Professional Property Manager
By Kayvon Homayoun - Tuesday, November 10, 2020
Setting the right rental rates: While looking through the classifieds to see what other landlords are charging for similar properties is a fine way to ballpark your rent price, a good property management company will conduct a thorough market study in order to set a rental price ...
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