When Is Property Considered Abandoned In California?

Mastering California’s Abandoned Property Laws: A Comprehensive Guide for Landlords

Being a landlord in California involves more than just managing properties; understanding the state’s abandoned property law is crucial. This law dictates how landlords must handle personal belongings left behind by tenants. Failure to comply can lead to legal complications and financial penalties. Key Takeaways: – California law requires landlords to follow specific procedures for…Read More

Fake Landlords Scam: What To Know (Podcast #423)

In this week’s podcast, Andrew Schultz discusses the latest fake landlord scam to hit the market. Make sure to warn your tenants! How do you go about a lease that’s technically for a guest, but it’s not necessarily subletting? Find out now. And, last, but not least, what happens when a landlord gets along with…Read More

7 Tips For Landlord Tax Deductions

7 Tips For Landlord Tax Deductions

Updated February 2024 If you’re navigating the complexities of rental income tax deductions and seeking some answers, you’ve landed in the right place. The current tax system can be advantageous for landlords because it allows them to deduct expenses from their income, reducing their overall tax bill. Yet, taxes can be a maze. Landlords, regardless…Read More

selling a rental house with tenants

Selling Your Tenant-Occupied Property: A Landlord’s Comprehensive Guide

Navigating the sale of a rental property with tenants requires meticulous planning and communication. This guide equips landlords with essential strategies and legal insights to ensure a seamless transaction, respecting tenant rights and optimizing the sale process for all parties involved. Key Takeaways: Clear Communication: Keeping tenants informed with a notice of intent to sell…Read More

how rental income is taxed

How Rental Income Is Taxed: Landlord’s Guide

Updated February 2024 Navigating the complexities of reporting rental income and claiming deductions can be overwhelming. But you’ve come to the right place. Our comprehensive guide is crafted to empower landlords like you with essential insights and help unlock the full potential of your rental income, a significant part of your taxable earnings. Accurate record-keeping…Read More

Lease Renewal Notices: Letters For Landlords And Tenants

Mastering Lease Renewals and Non-Renewals: A Comprehensive Guide for Landlords and Tenants

Navigate the complexities of lease renewal and non-renewal notices with clarity and confidence through this essential guide for landlords and tenants. Key Takeaways: Legal requirements for non-renewal letters and lease renewals. Step-by-step templates for landlords and tenants. State-specific notice periods for lease non-renewals. Answers to frequently asked questions in lease management. As a lease draws…Read More

60-Day Notice To Vacate: Ultimate Guide For Landlords

As a landlord, it’s essential to know all the different notices you can give your tenants, including the 60-day notice to vacate or the 60-day eviction notice. This notice informs the tenant that they must move out of the rental property within 60 days or less. Writing a 60-day notice to vacate can be overwhelming…Read More

Simple Landlord Guide: Adding Someone to a Lease

Adding Someone To A Lease: RentPrep’s Simple Landlord Guide

Updated December 2023 Your rental lease agreement is more than just a piece of paper—it’s a legal roadmap defining who lives in your property, their financial commitments, and maintenance responsibilities. When a current tenant wants to bring in a new roommate, it’s not just about rearranging furniture but updating that crucial legal contract. Lease agreements…Read More

Review: TransUnion SmartMove Report

SmartMove Review: An Industry Expert’s Analysis

SmartMove is one of TransUnion’s tenant screening products. And, as you may know, TransUnion is one of three major credit bureaus along with Experian and Equifax. In this SmartMove review, we will discuss the pros and the cons of their tenant screening product. Before we begin, let’s briefly examine how the product has evolved. What…Read More

can you evict a tenant without a lease

How To Evict Someone Without A Lease: Landlord Guide

Do you have someone living in your rental property who is not on the lease, and you want them to leave or need to pursue eviction? Knowing how to proceed can be challenging for landlords, whether it’s because of expired leases or inherited tenants. Under the law, someone living in your rental property without a…Read More