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Registration of Rental Properties Required in Maricopa County, or Risk Fine
December 15, 2009 - (RealEstateRama) -- Owners of residential rental property (individuals, corporations, LLCs) are required to register with Maricopa County Assessor’s Office and update any status changes within 10 days, stipulated in Neighborhood Preservation Ordinance Sec. 39 – 48.
Renting out a home can earn tax breaks
If you're having trouble selling your home in the current housing slump, it might make more sense to lease it instead. Doing so could turn your property into a rent machine and open up extra tax breaks. Plus, it would buy time until market conditions improve.
