Landlords Required to Install Carbon Monoxide Detectors - 02/21/12 10:17 AM
My home state of Oregon recently passed requirements stating that carbon monoxide detectors are required in buildings that either:
Has an attached garage, OR Has a fuel burning appliances (furnace, etc) California and many other states have also passed similar regulation requiring property owners (landlords) to install these devices.  Twenty-five states currently require carbon monoxide detectors, and the trend is spreading quickly.  In some cases the deadlines have already passed on states which have already approved legislation requiring detectors.
Do you own property, or are you managing someone's property, within the United States and have you already installed carbon monoxide devices … (5 comments)

Landlords An Even Bigger Target for the IRS This Year - 02/20/12 04:52 PM
The IRS recently did an audit of previous years tax returns and found out that landlords are cheating their taxes, whether they know it or not.  This audit was conducted because in August 2008, the Government Accountability Office stated that “at least 53 percent of individual taxpayers with rental real estate activity for Tax Year 2001 misreported their rental real estate activity, resulting in an estimated $12.4 billion of net misreported income.”
The Treasury Inspector General for Tax Administration issued a report in December 2010 recommending increased scrutiny of tax returns with rental real estate activity, estimating that the change could … (5 comments)

 
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Nathan M

Grants Pass, OR

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Rentec Direct Property Management Software

Address: 301 NE 6th St, Grants Pass, OR, 97526

Office Phone: (541) 690-8667

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