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Your Landlord Guide to Important Rental
Property Terms and WordsAre you looking for a landlord guide to
unravel the big words and confusing terms used by rental property
owners? Our plain English landlord guide will explain every common word
and crucial term that you will need to know.
1031 Exchange - Refers to the
section 1031 of the U.S. revenue code. What makes it important is that
it allows you to avoid paying capital gains taxes when selling your
rental property if you use the money to buy another like-kind property.
Capital Gains Tax - The taxes
you have to pay if you sell your rental property for a profit. Some
countries do not require landlords to pay capital gains taxes. Read rest of article
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