Every landlord relies on regular rental income to take care of their own expenses, make repairs, invest in improvements and more. On-time rent collection is a critical piece of the puzzle, and working with a property management company like All County Denver Metro Property Management can help to ensure simple rent collection every month. How can you work to improve your rate of on-time rent collection?
As a landlord, you have access to unique write-offs that relate to your rental property that you should take advantage of when filing your taxes. Unfortunately, many landlords don’t realize how many deductions they are eligible for, and they end up overpaying on their taxes and being unable to recoup the difference in the future. What are some of the tax write-offs that every landlord should know about?