Welcome to The Pole House. Widely known as the most photographed house on the Great Ocean Road, and probably Australia! Suspended 40 meters above Fairhaven Beach, the Pole House is one of Australia's most iconic homes.

You have done the hard work of picking a good property and gone through the entire process of financing and closing the deal on the property. Now comes the exciting time to find a potential renter for the property or making it available for vacation home depending on which type of property you have purchased.

If you are interested in home rental, you need to know exactly what you are getting yourself into. Even though the commitment is not quite as big as buying a home, you will still want to make the right decision when choosing a home rental. Some tips that will help guide you through the home rental process.

Buying investment property can be an excellent investment that can build great wealth for you. However, if you lack a careful planning and a proper investment property tax strategy, you may also have to bear huge losses. Therefore, when it comes to protect your equity gain, you planning and strategies prove very helpful. This article will let you know how you can be benefited by a proper investment property tax strategy.

Investment in rental property can help you achieve a significant cash flow for many successive years. All you need to do is to follow a proper planning and strategy before you buy rental property. If you lack proper planning, you will find it very difficult to reach a right decision. However, if you follow the guidelines as mentioned in this article, you can certainly take a lot of pain out of the proceedings.

Generally, it makes sense to buy real estate when the following five conditions prevail...

The single-family rental usually attracts long-term renters.

Not all property managers are the same. How do you find a good one?

What to look for in a property manager when looking for a new place to live.

Flipping is yesterday's news. If you fantasize about buying something - anything - and quickly unloading it for a fortune, keep in mind that the pros predict that values may be peaking. Better to think long term. How long? Some experts say a minimum of three to five years, which should be long enough to ride out a possible downturn.

Rental property investments can be maximized by using property as vacation rentals. But you have to determine that the property would make a good vacation rental, and work to keep the property rented.

Vacation home rentals are becoming increasingly popular as more people recognize the benefits of renting a home instead of a hotel for vacations.

Rental properties - small apartments and single-family homes that you rent out - are good investments because there is always a shortage of housing, and there are always people who can afford to rent but cannot afford to buy a home.

Think it's time to sell those rental houses, or that apartment building you own? You may reconsider once you see the advantages of refinancing over selling.

If you're tired of tenants trashing your home, making late rental payments, and calling you at 1:00 in the morning because the toilet is broken, you need to discover the benefits of the lease purchase contract.

They rent for various reasons, but whatever the reason, renting just doesn't make sense- unless you HAVE TO RENT.

As a national speaker on the subject of property management I get to talk to a lot of landlords. Many of them have purchased a collection of properties over the years and enjoy the fruits of long term holding through the pay down and payoff of their mortgages as well as the appreciation of their properties.

Question: My wife and I own a house in the city. With the addition of our first child, we needed a larger home and bought one in the suburbs. It is tempting to sell our other house, especially since the market is so robust, and given the favorable capital gains tax treatment currently in existence. However, we have been leaning toward renting it -- at least for a few years.

We have a big dilemma. We rent our house and our lease is up next month. We have to move. Renewing our lease is not an option due to the fact that our landlord has not fixed the house and it is falling down around us. We have been to court already and the mortgage holder is foreclosing on the property. Anyway, our problem is we had a baby seven months ago and since then have spent the small savings we had and have been living paycheck to paycheck! We absolutely have not been able to spare a dime to save and I am very thrifty.

How can we move if we have no money to pay first and last month's rent and a deposit? We do not qualify for welfare housing. Please help!

Generally, cash or the fair market value of property you receive for the use of real estate or personal property is taxable to you as rental income. Income and expenses related to real estate rentals are usually reported on Schedule E Form 1040. Income and expenses related to personal property rentals are reported on Schedule C Form 1040 or C–EZ Form 1040 if you are in the business of renting personal property.