The Nomad Blog

10 Must-Claim Tax Deductions for Your Rental Property

Mar 14, 2023 11:28:49 AM / by The Nomad Team posted in Rental Property

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Want to maximize your income? Make sure you're claiming every available tax deduction for your rental property.

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How to Transfer Utilities to a New Tenant (The Right Way)

Dec 8, 2022 8:57:22 AM / by The Nomad Team posted in Rental Property

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Whether your tenant is moving in soon or you're just planning for the future, understanding how to transfer utilities to a new tenant now will help you avoid headaches later. 

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11 Reasons You Should Allow Pets in Your Rental Property

Dec 2, 2022 9:56:57 AM / by The Nomad Team posted in Rental Property

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Pets in rental properties have always been a controversial topic. Some landlords willingly accept animals into their rentals, while others have zero-tolerance rules.

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21 Ways to Prepare Your House and Lawn for Winter (Checklist)

Sep 30, 2022 1:10:03 PM / by The Nomad Team posted in DIY Landlord

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Winter is coming, and your property needs preparing. When the leaves begin to fall, it's time to get your home ready for the winter months ahead—this includes both home and lawn care.

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7 Ways to Boost Your Odds of Locking in a Rental Contract

Sep 7, 2022 9:19:29 AM / by The Nomad Team posted in Renters

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Competition is sky high for rentals, making it challenging for residents to find a place to call home. The problem doesn't look like it will correct itself anytime soon, but that doesn't mean you're hopeless. There are things you can do to improve your odds of locking in a rental contract, and none of them require over-the-top preparation or extra capital.

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11 Surefire Ways to Protect Your Security Deposit

Sep 6, 2022 11:05:10 AM / by The Nomad Team posted in Renters

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Colorado's Warranty of Habitability (For Renters & Landlords)

Aug 5, 2022 10:24:04 AM / by The Nomad Team posted in Renters

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Colorado law requires every residential lease to include a Warranty of Habitability. This warrant sets the minimum standards for landlords in preparing and maintaining properties, and it also establishes reasonable responsibilities for tenants.

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The Landlord's Guide to the Current Real Estate Market (2022)

Jul 27, 2022 1:20:43 PM / by The Nomad Team posted in Rental Property, DIY Landlord

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The real estate market is changing.

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What Is the 2-Out-of-5-Year Primary Residence Rule?

Jul 26, 2022 7:45:54 AM / by The Nomad Team posted in DIY Landlord

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Thinking of selling your property? The Internal Revenue Service (IRS) considers your home an asset—thus, it's subject to capital gains tax. If your property appreciated in value (and it probably did), you might have to pay taxes on your gains, which could be as high as 20% for long-term capital gains.

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How to Know When You Should Find a Property Manager or DIY

Jul 19, 2022 9:47:31 AM / by The Nomad Team posted in DIY Landlord

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Being a landlord is hard work. There's no way around it. 

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