Rental property owners must report their net rental income on a calendar year basis—January to December—each year. In the first year of rental, income and expenses are reported only for the ...

Be sure to take these expenses into consideration when reviewing your overall budget. These will include homeowner’s insurance for rental properties, legal fees, taxes and utilities.

Typical rental expenses include property tax, utilities, insurance, condo fees and maintenance. Mortgage interest and line of credit interest may also be deducted from income.

Real estate prices and stock market levels do not tell the whole story. Stocks pay dividends but they also have associated fees that can be more than two per cent paid to an advisor or through ...

Limited number of properties: If you’ve got a large portfolio of rental properties, you may not be able to refinance — or get the most favorable terms — at your local retail bank.

Deciding whether to keep or sell a rental property involves the careful evaluation of various factors, from financial and market conditions, to personal goals and legal obligations. While I will ...