First-Time Landlord

The 101 on earning rental income from 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.