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rental property

Rental property can be easier than owning a home, but it requires its own special set of circumstances. Whether you’re the renter or the landlord, look at the articles, columns, blog posts, radio shows and videos for more information about rental property.

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    What Are the Property Tax Implications of Dissolving an LLC?

What Are the Property Tax Implications of Dissolving an LLC?

By Ilyce Glink| 2019-09-26T13:33:21-05:00 September 26th, 2019|

What are the property tax implications of dissolving an LLC? How will taxes be affected if this reader dissolves the LLC the rental property is held in? What Are the Property Tax Implications of Dissolving an LLC Q: I own a rental property that I put into a limited liability company (LLC). Now, I’m planning [...]

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    Is a Rental Property a Good Investment?

Is a Rental Property a Good Investment?

By Ilyce Glink| 2019-07-25T11:58:15-05:00 July 26th, 2019|

Is a rental property a good investment? This is what you need to know about buying, managing and maintaining a rental property. Q: I just finished reading your book, 100 Questions Every First-Time Home Buyer Should Ask, cover to cover. I found the information fantastic and will be consulting the book often.   Having had the [...]

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    Should You Put Your Rental Property in an LLC?

Should You Put Your Rental Property in an LLC?

By Ilyce Glink| 2019-07-19T09:49:05-05:00 July 19th, 2019|

Should you put your rental property in an LLC? These parents want to transfer a rental property to their son's LLC and want to know about tax implications. Q: We are subscribers to your YouTube channel, Expert Real Estate Tips. Thanks so much for sharing such good advice.  I’d appreciate if you could advise us [...]

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    How to Navigate New Rental Rules from your Condo Association

How to Navigate New Rental Rules from your Condo Association

By Ilyce Glink| 2019-02-11T14:52:09-06:00 December 14th, 2018|

How do you navigate new rental rules from your condo association and is it possible to be grandfathered into the old rules? Q: We are buying a vacation condo which we plan to use in the winter months, but also hoped to rent it in other months. We just learned that the condo association has [...]

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    Is Now the Right Time to Sell Your Rental Property?

Is Now the Right Time to Sell Your Rental Property?

By Ilyce Glink| 2018-06-15T11:16:33-05:00 April 6th, 2018|

Is now the right time to sell your rental property? We may be in a seller’s market, but that doesn’t mean you’ll get the most bang for your rental property buck. Q: As always, you give us a lot of good real estate information in your columns. Here's a question regarding my rental home in [...]

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    Will a 1031 Exchange Help Avoid Capital Gains Tax on an Inherited Home

Will a 1031 Exchange Help Avoid Capital Gains Tax on an Inherited Home

By Ilyce Glink| 2019-11-21T15:22:47-06:00 January 5th, 2018|

Will a 1031 Exchange help avoid capital gains tax on an inherited home? When you inherit a home and use it as a rental property, you could face major tax implications when it comes time to sell unless you use a 1031 exchange. Q: My mother who was very ill and on Social Security sold [...]

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    Should I Outsource To A Property Management Company?

Should I Outsource To A Property Management Company?

By Ilyce Glink| 2019-11-21T16:15:04-06:00 October 13th, 2017|

Should I outsource to a property management company? A lot of hard work goes into being a landlord, sometimes it's smarter to outsource property management. Q: I am planning to buy a four-plex and I was planning on using an on-call handyman instead of property management which is typically expensive. Since this is my first [...]

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    How To Avoid Taxes When Selling A Rental Property With A 1031 Exchange

How To Avoid Taxes When Selling A Rental Property With A 1031 Exchange

By Ilyce Glink| 2017-10-11T10:39:26-05:00 October 6th, 2017|

When you sell a rental property and want to avoid high capital gains taxes, a 1031 exchange could help you limit your tax liability. Q: We are going to sell a townhouse in a desirable area of town that we have owned for about 25 years. We rented it to tenants during that entire time [...]

  • is my rental a long term or short term rental property
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    What Makes A Rental Property ‘Long-Term?’

What Makes A Rental Property ‘Long-Term?’

By Ilyce Glink| 2018-06-19T11:21:01-05:00 June 15th, 2017|

Is there a good way to define a rental unit as long-term or temporary? As this correspondent finds, there can be several different definitions. Q: This question may seem odd, it has been hard for me to research it and I hope you can help. I am trying to determine a realistic and reasonable definition [...]

  • is there another way to give property to my child? should I sell property or will property to my child?
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    Is It Better To Sell or Will Property to Your Family?

Is It Better To Sell or Will Property to Your Family?

By Ilyce Glink| 2018-06-19T11:00:29-05:00 June 1st, 2017|

When transferring rental property to your child, is it better to sell it to them or leave it to them in a will? Both ways have their advantages and disadvantages. Q: First, I always enjoy reading your advice column in the Torrance CA Daily Breeze home guide magazine. Your article today, "Selling a rental property [...]

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