Published 22 June 2018 Picture this: You’re a landlord who rented a house, apartment or mobile home to a tenant. At the end of the lease, you and the tenant walk through the property to determine if it’s being returned to you in the same condition it was in when the tenant first took possession.
Read MorePublished 9 February 2018 Editor’s note: This is the second in Gary Sandler’s two-part series on dealing with the tax ramifications of selling rental properties. Before selling a rental property, we explored the tax consequences associated with the purchase and disposition of a fictitious Las Cruces-area triplex purchased for $150,000. In this part, we’ll explore
Read MorePublished 2 February 2018 Editors note: This is the first in Gary Sandler’s two-part series on dealing with the tax ramifications of selling rental properties. Look for the second installment in the Feb. 11 edition of the Sun-News. LAS CRUCES – Owning a rental property has its advantages. A steady stream of income, the ability to write
Read MorePublished 3 November 2017 LAS CRUCES – Whether you’re a tenant looking to rent a house or apartment, or a landlord searching for a suitable renter, it pays to know the law. In the Land of Enchantment, that law is referred to as the New Mexico Owner-Resident Relations Act. Without a working knowledge of what’s expected and
Read MorePublished 12 August 2017 LAS CRUCES – A shortage of properties has been plaguing the Las Cruces home sales market and driving up prices for the better part of a year. The same fate has now befallen the local residential rental market. As a result, rental properties are becoming scarce and rental rates are on the
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