Motives are plenty when you are having an idea of renting-out your house. It might be that you want to benefit an income to save money, improve income or to balance your home loan payments. Renting-out a home can be a thankless task as all of us would be doing it at some point of [...]
Property Renting
Articles and Resources about Property Renting
Guidance For Renting-out Your Property
Wednesday, November 30th, 2011Pay Rent To Parents To Claim A Deduction
Tuesday, May 17th, 2011You can claim HRA deduction for rent paid to your parents. Most of the salaried people get an allowance for taking care of the rent that they pay for their home. This is called House Rent Allowance, or HRA. You can claim these benefits even if you have rented out the house you have purchased [...]
10 Reasons for Rejecting Tenant Applications
Tuesday, May 17th, 2011A landlord has right to reject prospective tenant application that does not meet their criteria or tenant with unsatisfactory reference from landlords or employer. Some states have laws making it illegal to discriminate tenants on the basis of race, religion, sex, disability, or national origin. It is important to know your parameters when you must [...]
Guidelines for Installation of the Mobile Towers
Tuesday, February 15th, 2011The Department of Telecommunications (DoT) is in the process of finalizing tougher norms for radiation emitting from cell towers. India currently follows the International Commission for Non Ionizing Radiation Protection (ICNRIP), a German independent body’s guidelines set for exposure to radiation. Mobile phone towers installed on top of buildings are a definite threat to human [...]
Tenant Eligible To Recover Cost of Property Maintenance
Thursday, December 16th, 2010A common point of dispute among many landlords and tenants is maintenance of a rented property. It is the responsibility of the landlord to ensure that the tenanted premises are habitable and safe. Once the tenant moves in, it’s the landlord’s responsibility to repair anything that breaks on the property, from a burned-out light bulb [...]
5 Things You Need To Consider In Tenant Verification
Thursday, September 30th, 2010Tenant Verification plays important and vital role in finding the best tenants for your rental property. You can eliminate your tenant problems by Tenant Verification. Following are five important things you need to consider in tenant verification. Conduct background check for gathering criminal records, employment records and financial records of your tenant. If your potential [...]
