article thumbnail

Do I Need a Property Manager to Rent My Single Family Home?

Eppraisal

In fact, owning several provides a living for many a landlord. Depending on home value in the real estate market, this task can be pleasant and quick or, on the other hand, arduous and extended. In the context of single-family residences, hiring someone to manage the house might strike a landlord as extravagant.

article thumbnail

Investment Property: How Much Can You Write Off on Your Taxes?

Zillow

Most individual investor landlords can deduct up to $25,000 per year in losses on rental properties, if necessary (subject to income limitation). Your local government will assess the market value of your property at its "highest and best use" and charge you a percentage of that value every year. Advertising fees.