Tax season is here! As Denver Metro landlords sit down to work through their 2020 taxes, it’s also a good idea to plan ahead for 2021 taxes. Being proactive can help you identify and take advantage of tax deductions that help Denver Metro landlords with rental properties in the area. As always, speak with your accountant about whether or not these deductions apply to your specific situation.
Caring for your rental property doesn’t just mean performing maintenance and staying on top of repairs. Instead, it also means investing in the property to make it more appealing, increase the rent that you can charge and attract great tenants. There are many simple renovations that can increase the value of your rental property and let you and your tenants reap the rewards.