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Key Takeaways Importance of Safety Compliance: Meeting rental safety standards is essential for protecting residents, avoiding liability, and maintaining long-term property value. Essential Safety Features: Landlords should prioritize critical safety features like smoke and carbon monoxide detectors, secure entry points, and up-to-code electrical systems. Ongoing Maintenance Matters: Regular inspections and maintenance—such as checking for mold, ensuring proper lighting, and clearing emergency exits—help keep properties compliant and safe. Ex…

As a landlord, you might be wondering: how long does an eviction take? Many states have their own rules and regulations that indicate how the eviction process needs to be handled. While no landlord wants to find themself in a situation where they need to evict a tenant or file an eviction suit, in some cases it’s necessary. In this article, we’ll guide you through what to expect after you start the process under Texas Law. Providing Notice A landlord in Texas is allowed to evict their tenant for the following reasons: Failure to Pay Rent A…

Key Takeaways Maximize Deductions: Landlords can save money by claiming deductions like depreciation, insurance premiums, and repair costs. Keep Organized Records: Maintaining detailed records of expenses, income, and legal documents is crucial for accurate tax filing. Know Your Filing Requirements: Different ownership structures (individual, co-ownership, or business) require specific IRS forms. Consider Professional Help: Hiring a property management company can simplify tax filing and help avoid costly mistakes. As a rental property owner…

Do you want to charge your Texas tenants a security deposit? If so, there are certain Texas law and regulations that the landlord must follow. Security deposit rules are regulated under the TX Prop § 92.102. This piece of legislation defines things like the allowable deductions a landlord can make from a tenant’s security fee, when the landlord must return their renter’s deposit, it is seen as bad faith if the landlord fails to return the deposit on time, or a landlord wrongfully withholds security deposit funds at the end of their renter’s t…

Finding great tenants who pay rent on time and care for their rented premises is every landlord’s dream. When you eventually find such a tenant, your next goal should be to keep them happy for as long as possible. Happy tenants are less likely to leave, reducing your turnover costs and ensuring you make more profits. But, how exactly do you do that? Here are tried-and-tested tips, from Legacy Realty & Management , to help ensure you keep your tenant satisfied. ABOUT US 469-576-7676 Learn More Here Handle Repair & Maintenan…