First-Time Landlord: Your Guide to Renting out a Single-Family Home

Do you own a house you’d like to rent out rather than sell? It’s a common scenario in today’s market, especially if you’ve inherited a house, are moving to another home, or are buying an investment property. And the logical next step might be for you to become a first—time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes.

• Learn your legal obligations.
• Estimate costs and profits.
• Choose good tenants and avoid problem ones.
• Make the most of valuable tax deductions.
• Handle repairs and property management tasks.

The 7th edition is updated to cover the latest IRS limits regarding landlord tax deductions.