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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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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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Want Quality Tenants? Then Make Sure You’re a Quality Landlord. Here’s How.

Feb 09, 2022 ,,,,,,,,

Being a landlord is a specific type of responsibility that is not for the faint of heart. It takes commitment, diligence, and flexibility – because if you want good tenants, then you need to be a good landlord. Here are some tips to make sure you’re living up to your potential as a Brooklyn landlord. […]

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So You’ve Decided to Rent Out Your Home — Now What?

Feb 08, 2022 ,,,,,,

So, you’re a new landlord. Before diving into heaps of helpful information, a congratulation is in order. You’ve set off on a challenging, rewarding, and revenue-filled journey! There’s never been a better time to try out the scene, either, with record-high renters —and rates— entering Brooklyn in 2022. We’ve compiled some tips to set you […]

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Want to Know the Secret Behind Stress-Free Tenant Screening?

Jan 05, 2022 ,,,,,

Being a landlord is a great way to earn a living, or even some extra side cash, but it definitely comes with its challenges — one of the biggest being bad clients. It can be tricky to find individuals, couples, friend groups, or families who will pay you on time and treat your home well. […]

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Selling a Property With Tenants

Jan 19, 2021 ,,,

Once you’ve decided to sell a rental property, there are two routes you, as the landlord, can opt to go: You can wait for the tenant’s lease to expire before putting the property on the market or you can sell with tenants still in the home. As you might have guessed, there are pros and […]

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Tax Season Tips for Landlords

Jan 19, 2021 ,,,,

It’s tax season again. Time to gather all your docs, find all your receipts, and find out the latest on what’s new for the 2020 tax season. We’ve gathered a few links for you below, as well as a preview of what each covers. And while we can’t help you with your taxes, we know […]

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The ABC’s of New York Housing for Landlords

Nov 15, 2018 ,,,,,,,,,,,,

We have posted in the past about tenant’s rights, and it’s important for renting New Yorkers to be informed in this regard. It’s just as important for landlords to be knowledgeable. Do you know your rights as a landlord and your tenants’ rights? Learn these and more, such as housing maintenance codes and New York City […]

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The Right Side of Eviction by Saira Toppin

Sep 13, 2016 ,,,,,,,,

The Mayor’s Office just released a report on the reduction of evictions and landlord harassment cases throughout New York City. This report has found that through the efforts of additional funding and education through his office, more tenants are getting the services that they need. Such tenants are now provided with free or low cost legal representation […]

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