Why Security Deposits Are Not Rental Income (And the Tax Rules That Apply) For landlords, receiving a security deposit can make the bank balance look significantly healthier overnight. A tenant moves into a property, pays the agreed deposit, and suddenly a substantial amount has entered the landlord’s account. It is easy to look at that… Continue reading Why Security Deposits Are Not Rental Income (And the Tax Rules That Apply)
Author: Ishika Pannu
Intern at RentOk, learning about PG and hostel management while contributing to research and content that helps make renting simpler and more organized.
How to Manage Multiple Rental Properties Without Spreadsheets
How to Manage Multiple Rental Properties Without Spreadsheets Managing one rental property is relatively straightforward. You know the tenants, the rooms, the rent cycle, the maintenance requirements, and the people responsible for keeping everything running. Managing five properties is a completely different operational challenge. The moment a rental business expands across multiple locations, information starts… Continue reading How to Manage Multiple Rental Properties Without Spreadsheets
What is E-Stamping for Rent Agreements and Is It Legally Valid?
What is E-Stamping for Rent Agreements and Is It Legally Valid? Rent agreements have traditionally involved a familiar process: decide the rent, prepare the document, purchase stamp paper, sign the agreement, and keep a physical copy for future reference. But as rental operations become increasingly digital, the way these agreements are created and documented is… Continue reading What is E-Stamping for Rent Agreements and Is It Legally Valid?
How to Claim Standard Deduction on Rental Income (Section 24)
How to Claim Standard Deduction on Rental Income (Section 24) Rental income is often considered one of the simplest forms of income. A property owner receives rent each month and pays maintenance and other property-related costs. The landlord then calculates the tax payable at the end of the year. However, the tax calculation is not… Continue reading How to Claim Standard Deduction on Rental Income (Section 24)
What Licenses Do You Need to Run a PG in India?
What Licenses Do You Need to Run a PG in India? Starting a PG business in India involves far more than arranging rooms, deciding the rent, and finding tenants. The moment a property begins functioning as a paying guest accommodation, the owner also takes on responsibilities related to property use, tenant records, safety, local permissions,… Continue reading What Licenses Do You Need to Run a PG in India?
How to Start a PG Business Legally in India: Step-by-Step Guide
How to Start a PG Business Legally in India: Step-by-Step Guide Starting a PG business can look simple on paper. You find a suitable property, furnish the rooms, decide the rent, advertise vacancies, and begin accepting tenants. But once the property starts functioning as a business, there is a second side to the setup that… Continue reading How to Start a PG Business Legally in India: Step-by-Step Guide
How Property Management Software Helps You Collect Rent on Time
How Property Management Software Helps You Collect Rent on Time Rent collection is one of the most important recurring processes in any rental business. Yet, many landlords and PG operators still manage it manually. Each month, the same cycle repeats: rent becomes due, reminders are sent, and tenants respond at different times. Payment screenshots arrive,… Continue reading How Property Management Software Helps You Collect Rent on Time
Why Small Landlords Need Property Management Software
Why Every Small Landlord Needs Property Management Software Managing a rental property can look deceptively simple from the outside. Rent comes in every month, tenants occupy the property, maintenance gets handled when required, and the landlord collects the income. For a property with a handful of tenants, this may genuinely be manageable through a notebook,… Continue reading Why Small Landlords Need Property Management Software
What is GST on Residential Rent and When Does It Apply to You?
What is GST on Residential Rent and When Does It Apply to You? Renting a house may seem like a simple financial transaction. A landlord rents out a property, and the tenant pays the agreed rent each month. The arrangement continues under the rental agreement. However, GST can make the tax treatment more complex. A… Continue reading What is GST on Residential Rent and When Does It Apply to You?
How to Legally Evict a Non-Paying Tenant in India
How to Legally Evict a Non-Paying Tenant in India A tenant missing one rent payment does not automatically mean a landlord can ask them to leave the property immediately. In India, eviction is not simply a matter of ownership. The landlord’s right to recover possession has to be exercised in accordance with the applicable tenancy… Continue reading How to Legally Evict a Non-Paying Tenant in India