First-Time Landlord: Your Guide to Renting out a Single-Family Home

The 101 on earning rental income from a single-family homeDo you own a house you’d like to rent out rather than sell? It’s a common scenario in today’s market, especially if you’ve inherited a house, are moving to another home, or are buying an investment property. And it may mean you’re about to be a first-time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes. Learn your legal obligations. Estimate costs and profits. Choose good tenants and avoid problem ones. Make the most of valuable tax deductions. Handle repairs and property management tasks. The 4th edition is updated to cover the latest laws and practices affecting first-time landlords of single-family homes.Includes samples of forms every new landlord needs, including a rental application and budget worksheet.