VRLTA: What You Need to Know

VRLTA: What You Need to Know

The Virginia Residential Landlord and Tenant Act was passed in 1974 to streamline certain elements of rental law.  Most people associate VRLTA with being more “tenant friendly”.  While the act does protect tenants in ways common law leases had not previously, there are also many cases where VRTLA makes it easier for landlords to evict tenants.  The act was designed to settle landlord and tenant disputes in a fair and efficient way; favoring neither side. (more…)

10 Landlord Tax Deductions to Maximize Rental Profits

Peake Management BlogWhile Benjamin Franklin might have said that “in this world nothing can be said to be certain, except death and taxes,” at Visio Lending we like to take a more positive spin and amend this quote to nothing can be certain except for death and tax deductions. Landlords know all too well about Schedule E for individually owned properties and Form 8825 for properties owned through a partnership. Luckily, if you keep meticulous records of your expenses, every tax season you can take advantage of these ten deductions (which can really add up):
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