How to Verify Proof of Income from Prospective Tenants
As a landlord, you must do all that you are capable of doing to protect your investment property. One of the most productive means of protecting your investment property is to ensure that your tenants are capable of affording their rent each month. In this guide, we...
How to Prepare Your Rental Property to be Pet-Friendly
It is a known fact that pets – regardless of type – pose risks to rental properties. They are capable of causing structural damage and also damage to furniture and landscaping. If aggressive, they may pose a danger to others, such as neighbors. If you are a landlord...
What’s Considered Normal Wear and Tear for a Residential Rental in Colorado?
Landlords typically require a security deposit to be placed on a rental so that any possible damages that occur are covered. In fact, many landlords refer to the security deposit as a “damage deposit”. It is recommended that tenants make a list of damages and tasks...
Rental Property Investor? Landlord? Learn How to Save on Your Taxes This Year!
If you are a rental property investor or a landlord, you’ll be pleased to know that there are several strategies to save on your taxes this year. Rental properties offer numerous deductions that help reduce your income tax. Reporting Rental Income is a Must As a...