Did you know that landlords should carry certain types of insurance coverage on their properties? Did you know that Texas law dictates quantities and types of locks that should be installed? Those laws also dictate locations of smoke detectors. Professional management companies know these things and have your back.
All rental housing owners in San Antonio should have been in compliance with the Texas security device statute as of January 1, 1995. The statute applies to owners of apartments, houses, duplexes, triplexes, condominium units, townhouses, cooperatives, mobile homes, rooms in private dormitories and rooming houses, garage apartments, public housing projects, and all other types
The Texas Commission on Human Rights (TCHR) has established a Maximum-Persons-Per-Bedroom occupancy policy for owners of rental property. TCHR has also established a Newborn Policy for rental housing owners. In both cases, the TCHR policies are in effect and enforceable as of May 1, 1995. In essence, the Maximum-Persons-Per-Bedroom policy states that: “A family may
When Congress changed the tax rules for selling a home, the aim was to ensure that most taxpayers would never owe tax on the sale of a principal residence. But for some retired homeowners, these new tax rules are a mixed blessing. The current tax law states that married joint filers may exclude from tax