Tag: Rental properties
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Arizona’s Housing Revolution: Understanding HB 2720 and HB 2721
Arizona has taken bold steps toward addressing its housing crisis with the passage of House Bills 2720 and 2721. These bills aim to increase housing options, promote affordability, and adapt urban living spaces by introducing accessory dwelling units (ADUs also known as casita’s) and middle housing. Here’s a comprehensive look at what these bills entail,…
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Arizona’s 2025 Rental Tax Relief: What It Means for You
As of January 1, 2025, Arizona has embarked on a historic move to eliminate the rental tax, known as the Transaction Privilege Tax (TPT), on long-term residential rentals. This legislative change, rooted in Senate Bill 1184 of the 2023 session, aims to provide financial relief to renters across the state. Here’s everything you need to…
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Maximize Your Wealth with Rental Properties: A Guide
Investing in real estate, especially rental properties, is a time-tested way to build wealth and generate passive income. However, success in this arena isn’t guaranteed and requires careful planning, knowledge, and a strategic approach. Here are some essential tips for achieving success in rental property investments. 1. Research and Education Before diving into the rental…
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