by Nikki Songie
Rentals can be long term or short term depending on its lease term. Long-term rental must have a lease term of at least seven months, with most long term rentals being one-year, renewable at the end of each lease term. Tenants who sign long term lease are usually...
by Nikki Songie
Investors must bear the expenses of property taxes, homeowners insurance premiums, homeowners association fees, property management fees and maintenance costs. For short term rental properties, there are also expenses for water, electricity, gas, cable television,...
by Nikki Songie
In tax law, the word “foreigner” refers to people other than U.S. citizens, U.S. resident aliens (green card holders) and U.S. residents for tax purposes (foreigners who reside in the U.S. for 183 days or more each year). Taxes involving real estate...
by Nikki Songie
Prepare Your Home The first step in selling your home is making a list of all the repairs that you’ve been meaning to get done, but just haven’t gotten around to yet. Less repairs to make later means less time spent negotiating with a potential buyer. Minimal...
by Nikki Songie
