Tax season has a way of sneaking up on us each year, and it's never too soon to start thinking about how you're going to file your taxes. Claiming your rental income as a landlord is a must, but are you making the most of the various expenses and deductions Canadian landlords are eligible for? And what can Ontario landlords specifically do to prepare? We're liv.rent, and in this post ...
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Pricing your rental unit correctly is key to attracting more leads and finding renters quickly. Landlords must take the time to figure out precisely how much they'll charge for rent before uploading or publishing their listing, by considering a host of key factors. Regardless of where in Canada your unit is located, you'll likely follow a similar process to determine the amount you'll be charging renters. In this post, we'll ...
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An effective rental ad is a key part of finding quality tenants fast. The right listing will highlight key details of your unit in a way that piques renters' interest and encourages them to get in touch and apply. Many landlords underestimate the importance of creating attractive rental ads, and later wonder why they're not getting the number of leads they'd hoped for. In this step-by-step guide, we'll be walking ...
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No landlord wants their unit to sit empty for long. Even with a month's notice or the expected end of a fixed-term lease, finding quality tenants in time to fill vacancies can be an arduous process. To counter this, we've made this guide to help landlords prepare for the listing or re-listing process and find suitable renters faster. We'll be going over how to research and create effective advertising that ...
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The last thing any landlord wants is an irresponsible tenant. Choosing the wrong renter can result in late or non-existent rent payments, damage to your unit, angry neighbours, or worse — eviction. Having a rock-solid tenant screening process in place is the most effective way for landlords to counter these problems before they arise. So, what can you do to streamline and improve the effectiveness of your screening strategies? ...
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Lease addendums are an invaluable tool for landlords looking to solidify the terms of their rental agreement and head off potential problems during a tenancy. In Part 1, we gave an overview of what exactly lease addendums are and how you can incorporate them into your rental process. Now, let's dive a bit deeper. In this article, we'll give you a closer look at some of the different types of ...
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Standard tenancy agreements aren't always exhaustive. There could be any number of reasons a landlord may want to modify or add to a lease, including specifying terms related to pets, smoking, insurance, or rent payment. This is where a lease addendum comes in handy. Experienced landlords almost always include addenda alongside the lease agreement, to ensure they're completely covered for all eventualities. It's hugely important to lay out all of the ...
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For many newcomers, finding a place to rent in Canada can be a daunting task. Instead of trying to secure a rental right after you land, a better option is to secure a home before arriving in Canada. In this article, we'll show you how to secure a place in Canada from abroad by doing everything online — search, apply, view, sign and pay. How to search online for a home to ...
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Frequently Asked Questions: Everything you Need To Know About Rent Deposits In Ontario For both renters and landlords in Ontario, rent deposits are at best a tricky subject to navigate, and can often lead to confusion and even money being lost down the line. There's a ton of dubious information out there surrounding the subject, and it's important for both parties to be aware of their rights and responsibilities when it ...
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Welcome to our "Landlord Success Story" series, where we'll be highlighting landlords who have used liv.rent to list, manage, and ultimately rent out their suites. Today we'll be hearing from our marketing manager, Matisse Yiu, on how she was able to find qualified tenants faster using the wide variety of features built right into the liv.rent platform. Hi everybody! My name is Matisse and I work here at liv.rent as the Marketing ...
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