You’ve found a suitable tenant and you’re all ready to rent out your house. But before that, you’ve to chalk out a rental agreement, which both the parties need to agree upon. A good rental contract should include essential clauses and must abide by the laws of the state, failing to comply with which will deem your agreement as illegal.
Would you like your home to be devoid of unnecessary furniture and still look beautiful? If yes, then you just need some decluttering secrets, which will help you align your furniture, redecorate your home, and create more space.
A home with an understated appeal not only looks and feels easy on the eyes, but also has a calming effect on the mind. Also, it requires minimum maintenance and you can redo the interiors effortlessly.
If this idea has got you intrigued, then here are some easy ways in which you can create a clutter-free home.
Though owning multiple rental properties might seem like a great investment, taxations can catch you off-guard and derail your budget. Hence brushing up your basics in tax laws and returns will help you in planning your finances.
Here are the answers to the questions everyone needs to know on tax planning for rental income, to benefit from and adhere to the legalities involved in owning multiple properties, flats or apartments.
We Indians have always taken our assets seriously and property is considered the most important of the lot. One of the main reasons for this is because of a house being able to generate regular cash flows every month. Many NRIs also make this investment as well with the idea of returning to India someday and having some place to stay.
Leaving houses vacant for months or years on end is not very feasible to everyone; thus many NRIs consider the option of renting out this property. This makes complete sense as in the last few years, rent prices have gone up majorly in large cities. If you are an NRI who is planning on renting out some property, here are some important tips on rental management for NRI’s in India,