The landlord doesn’t do all repairs themselves, they pay someone to do repairs. Most regular maintenance of the property is the responsibility of the tenant. That’s why people treat investment properties as passive income, because effectively they are.
The landlord doesn’t do all repairs themselves, they pay someone to do repairs. Most regular maintenance of the property is the responsibility of the tenant. That’s why people treat investment properties as passive income, because effectively they are.
It really depends on the landlord. I’ve had landlords who did some repairs.
Most people treat it as passive income they spend less than 14.4 hours per week on it, which means the IRS categorizes it as passive income.