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Why its important to protect your security deposit from inflation | Bluefax

When you rent out a property, it’s essential to make sure that you have enough of a security deposit to cover any potential damages or late payments from your tenants. A common practice is to collect at least one month's rent as a security deposit. But in some cases, it makes sense to collect more than just one month's secur... read more

Are Property Management Fees Tax Deductible | Bluefax

Are Property Management Fees Tax Deductible?According to Topic No. 414 Rental Income and Expenses (found here:, the short answer is Yes.   Of course, always check with your tax professional for the latest legal advice on this.  But in general, rental property management fees are considered op... read more