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What Tax Documents Do I Need To File My Taxes as a Landlord?

What Tax Documents Do I Need To File My Taxes as a Landlord?

Apr 18, 2023 ,,,,,,,,,,

When becoming a landlord or property manager, you are responsible for reporting your rental income each tax season. You can be subject to costly fees, fines, or penalties if you don’t report the proper landlord taxes. This is especially true with the current 1099 requirement from the IRS.  1099 requires landlords to report rental income […]

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To Ban or Not To Ban E-Bike Battery Storage

Mar 21, 2023 ,,,,,,,,,

This year alone, there have been more than 30 fires all around New York City due to faulty e-bike batteries, leaving landlords & management companies unsure on how to mitigate the potential risk. NYC lawmakers, too, are concerned about the safety of tenants across the five boroughs, banning the sale of non-certified batteries to reduce […]

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What You Need To Know About A Certificate Of Occupancy in NYC

Jan 19, 2023 ,,,,,,,,,,,

So you decided to move to New York City or you already found the perfect place. That’s great news! NYC can open so many new opportunities and experiences, just on one little island. Something to know about before you move in is a Certificate of Occupancy or C of O, for short, or CO, for […]

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Real Estate Market in NYC: What to Expect in 2023

Jan 19, 2023 ,,,,,,,,,,,,

The real estate market in NYC is a dynamic one, with the value of homes and apartments being affected by a number of economic and cultural factors. Let’s take an in-depth look at the 2023 NYC real estate forecast, so you have a great idea of how to navigate your real estate purchases this year. […]

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New Rent Laws — Are You Aware of the Updates?

Nov 08, 2022 ,,,,,,,,

There have been a few important changes to New York Rent Law. These are exciting and important, as they’re designed to protect you and the space you live in! Read on to find some of the most important points. Be sure to keep this information in your records, as well, so you can look back […]

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Is Furnishing My Rental Property Worth the Price?

Sep 29, 2022 ,,,,

As a landlord, it can be difficult to decide what’s best for your rental space. Some units attract tons of tenants when they’re fully furnished, and others do better when they’re empty. It’s important to choose the maintenance model that works best for you in these circumstances, too. Below, you can find some questions to […]

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Rent Overdue? Here’s How to Give Notice

Sep 29, 2022 ,,,,

In a perfect world, every tenant would pay their rent on time, every single month. But in reality, even the best tenants get caught up and forget what day it is, resulting in a late rent payment. But what do you do if this happens in one of your units? Should I Give Good Tenants […]

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Is Your Apartment Prepared for Fire Emergencies?

Apr 19, 2022 ,,,,,,,,,

One of the most difficult factors that comes along with apartment living is the potential of fires that are not in your control. The catastrophes can lead to lost possessions, injuries, and even deaths when they spread too quickly. That’s why it’s important to be prepared. And if you’re renting out or selling your home, […]

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Four Signs Hiring a Rental Management Company Makes Sense

Apr 18, 2022 ,,,,,,,,

Being a landlord is hard work. When you’re not marketing open homes and looking for renters, you’re contacting current tenants about upcoming payments and fixing leaky sinks, running toilets, and updating items the inspector disproves. Thankfully, rental management companies exist to support you in all of these areas! Below are four points that say the […]

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How to Avoid High Tenant Turnover & Keep Good Tenants

Mar 08, 2022 ,,,,,

By far, the most challenging part of being a landlord is finding, securing, and keeping good tenants. Once they’re in, all you have to worry about is receiving payments and responding to potential home repairs. But where do you find these unicorn renters who treat your home better than they’d treat their own? Where are […]

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