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Assets and Investment Planning

What Issues Should I Consider When Owning A Rental Property?

Updated 12/1/2023

Many people like rental income because it seems passive and simple, until it isn’t so passive … or simple!

Using this checklist, you will help clients understand the challenges and nuances that exist with owning a rental property. Whether it’s landlord responsibilities and managing risk, or investment and tax/estate concerns, you will be prepared to lead a thoughtful discussion on this complex topic.

This checklist covers some key issues a client must consider when owning a rental property, such as:

  • The extent of responsibilities a landlord may be subject to.
  • The increased and varied risks of owning a rental property.
  • The multitude of tax factors that come into play when owning a rental property.
  • The impact owning a rental property may have on their estate.
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What Issues Should I Consider When Moving Out Of State?
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Should I Pay Off My Mortgage?
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Is My Rental Property Tax Deductible?
Category: Retirement / Decumulation, Tax Planning, Assets and Investment Planning
What Issues Should I Consider When Selling My Home?
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What Issues Should I Consider When Using A Reverse Mortgage?
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