In the realm of property transactions, a leave and licence agreement serves as a crucial document outlining the terms and conditions between a property owner (licensor) and a tenant (licensee). This agreement grants the licensee the right to occupy the licensor’s premises for a specified period under certain conditions, typically involving payment of rent or consideration.… Read more
10 Best rent payment apps to pay rent with credit card with less charges.
Paying rent can sometimes be a hassle, especially when dealing with different payment methods and deadlines. Fortunately, the best rent payment apps are here to help. If you’ve ever wondered, “Can I pay rent using a credit card?” the answer is yes. These apps make rent payment through credit cards straightforward and convenient, allowing you to manage your finances more efficiently. In this blog, we’ll guide you on how to pay rent with a credit card and introduce you to the top 10 platforms that offer this service with minimal charges. Discover how to pay rent with a credit card and simplify your monthly payments today.… Read more
How to Include Rental Income in Your Indian Tax Return
Earning rental income is a common practice in India, whether it be from residential or commercial properties. While the additional income is a welcome boost, it is crucial to understand the tax implications and fulfill the necessary obligations. In this guide, tailored for Indian readers, we explore the intricacies of including rental incomes in your Income Tax return, providing a comprehensive overview of the process.… Read more
GST on rental: Everything you need to understand about the appropriate tax rate
Tags: IndiaReal EstateRental
The introduction of GST has had a considerable influence on the residential and commercial real estate industries. The rental market, like the financial market, is subject to the tax levy. Rental revenue from commercial units, for example, is subject to GST. Other regulations and exclusions of the new tax regime concerning rental properties are listed below.… Read more
Everything About the Rent Control Act of Maharashtra
The Act regulates the leasing of residential properties, and each State has its version. In Maharashtra, the new Act (Maharashtra Rent Control Act 1999) has introduced several modifications to the existing Act, making it applicable throughout the State. … Read more
Navigating the Housing Maze: International Students’ Struggle in Canada’s Rental Crisis
Canada, known for its welcoming attitude towards international students, is facing a housing crisis that is disproportionately affecting this demographic. The surge in housing costs, combined with limited availability and discriminatory practices, has created a hidden plight for international students seeking accommodation in the country.… Read more
Renting or Buying: Which is the Right Choice in Today’s Market?
Choosing between renting and buying a property is a significant decision that can greatly impact one’s financial future and lifestyle. In today’s dynamic real estate market, where trends fluctuate and economic factors play a crucial role, making an informed choice is more important than ever. This article aims to provide a comprehensive guide to help individuals navigate the complexities of this decision-making process.… Read more
How Can International Students Find Rental Apartments in Canada?
Moving to a new country as an international student can be both exciting and daunting. Among the many challenges that students face, finding suitable accommodation is often one of the most pressing concerns. In Canada, a country known for its high-quality education and diverse culture, navigating the rental market can be particularly challenging for newcomers. However, with the right approach and preparation, international students can find a rental apartment that meets their needs and budget.… Read more
7 Vital Questions to Ask Prospective Tenants Before Renting Out Property
Tags: RentalRental Guide
Renting out property can be a lucrative endeavor, but finding the right tenants is key to ensuring a smooth and successful rental experience. By asking the right questions upfront, landlords can better assess whether a prospective tenant is the right fit for their property. In this comprehensive guide, we’ll delve into the 7 vital questions every landlord should ask prospective tenants before renting out property.… Read more
Optimistic Insights: What Happens to a Lease if the Property Is Sold?
In the dynamic realm of real estate, leasing agreements often stand as pillars of stability for both tenants and landlords. However, the scenario can take an unexpected turn when the property changes hands through a sale. What happens to a lease if the property is sold? This question reverberates through the minds of tenants and landlords alike, triggering a cascade of inquiries and uncertainties. In this comprehensive guide, we delve into the intricacies of lease transfers, offering clarity and assurance to all parties involved.… Read more
