Services
Short-term (Airbnb) Rental Advice
Whether you're just considering going into the short-term rental business, or have been running your Airbnb for a while, I can help every step of the way with support and information.
Services that I provide for short-term rental consultations include:
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Advice on short-term rental property location.
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Acquisition of the City of Calgary short-term rental licence.
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Setting up your Airbnb listing.
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Support selecting the right insurance company (with enough coverage as per City requirements).
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Best practices for picture-taking.
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Assistance with furnishing and stocking your unit.
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Establishing your pricing and availability.
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Support in creating the right house rules for your guests.
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Help on how-to get great reviews.
Long-term Rental Advice
Because you’re entering a long-term contract with your tenants, long-term rental ownership can be a challenge. You want to make sure that not only are you getting the best value for your investment, but that you’re also a fair landlord and have a great tenant relationship.
Examples of consulting services that I provide for the long-term rental business:
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Help determine what property (properties) to invest in.
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Explanation of the pros and cons of furnished versus unfurnished leasing.
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Running the numbers on profitability–and showing you areas for improvement.
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Creation of great property listings.
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Advice on where is best for advertisements.
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Best practices on how to select the right tenants.
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Access to my tried and true resources, including tenant application forms and contract examples.
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Guidance on long-term property management and other best practices.
Rental Income Taxation
Once you have your property rented out, and the money is coming in, you need to declare the finances on your income tax report. Thankfully, you can lower the amount of taxes owed in many ways.
I can provide consultation on the following:
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What can be written off, to offset your rental income.
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The percentage of utilities, mortgage interest rate, and insurance that is eligible for a write-off. This applies to cases when you rent out only a portion of your dwelling.
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How to report large purchases such as appliances or furniture to properly depreciate and lower your rental income over 3 years or more.
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Why it’s important to get a property price assessment as soon as possible if you are turning your residential property into a rental.
I can provide all these services and more through kind, accessible, simple, and no-nonsense advice and consultation. My goal is to help make your investment a stress-free success.
How can I help? Let's chat!