Austin Property Management Blog

Being the owner of a rental property in Austin, Texas brings you a number of benefits. Your Austin rental home straddles the line between a business and an investment and can typically receive generous write-offs and tax advantages.  As we near 2020's extended tax deadline, our team at Stone Oak Property Management wanted to review some of the tax benefits landlords in Austin, Texas can take advantage of with their rental property. 

Tax-Sheltered Growth

Regardless of your goals with your rental property, one thing most landlords count on is appreciation and their property gaining value every year. A portion of that growth comes from just making the mortgage payment on your home every month. Just by doing that your equity ownership in the property will increase! 

Another portion of your tax-sheltered growth comes from owning the rental property in a healthy real estate market, or in your case, it can also be due to growing net operating income for your rental. The IRS will not recognize this growth in capital gains until you sell your rental property and your money will continue to grow as long as it remains in your Austin rental property!

Tax Sheltered Cash Flow

You will only be taxed by the IRS on the profit you earn from your rental property. To calculate your profit, you'd add all of your rental income and subtract your e...

Historically, real estate is one of the best investments that you can make. Turning your Austin, Texas house into a rental home could be a great financial decision that helps generate passive income while paying off an asset you'll own in the future. 

However, owning a rental home in Austin differs from operating one. Finding renters and managing your tenants could be a whole lot more than you bargained for and being on call for maintenance at all times might not be your thing. These are the most important questions you should ask your Austin property manager, or any property manager if you’re shopping around! 

What do you charge for property management?

Your rental home was purchased as an asset intended to make you money, right? That's why knowing how much it'll cost you to hire a property manager is an important question. Most property managers you'll speak with either charge a predetermined flat-rate or will charge you a predetermined percentage of the monthly rent. Once you know the fee you will better be able to determine the expected cash flow you should receive for your property. 

What are the fees that are not included in the monthly management fee?

These might include extra fees for evictions, notices to vacate, or HOA violations. You don’t want to be surprised 6 months into a lease when your account doesn’t reflect the full amount you’re expecting. It&#...

708 Skylers Circle, Round Rock, TX 78665

View this and more available Round Rock rental homes on our website. 

1,722 SF | 3 Bed | 2.5 Bath

View this home and other available Austin rental homes today!

900 S 1st Street #413, Austin, TX 78704

Austin Downtown Condos for Rent

With COVID-19 affecting the nation and Travis and Williamson Counties on Shelter-in-Place orders, Greater Austin residents have had a drastic change in their everyday life. One thing that comes with being cooped in your home is that, eventually, you’ll need more food. Trips to the grocery store don’t have the greatest appeal to them right now and HEB curbside is backed up for a few weeks. To spare our fellow Austin foodies, we threw together a list of 8 great restaurants in Austin offering delivery or curbside takeout during these unprecedented times.

Kerbey Lane Cafe
An Austin staple. You have to try the Banana Walnut Pancakes, Kerbey Queso, and Glazed Brussels….maybe not all in the same meal. Kerbey Lane Cafe is offering delivery and take-out service at this time. 

Franklin's BBQ
Famous in Austin and typically sold out, Franklin’s has closed their dine-in area but are offering Austin residents a curbside takeout option. Craving some brisket or ribs? Franklin’s is the spot. 

Chuy’s
A tex-mex favorite in Austin, Chuy’s is offering ATX residents with the option to order food via delivery or take-out. If you aren’t getting the creamy jalapeno sauce with your chips and salsa you have been missing out. 

7311 Sunset Heights, Austin, Texas 78735

View this and more homes for rent in Austin, Texas. 

Office Access Closed: In order to ensure the health of our team and the public, visitor access to the Stone Oak Management office is currently closed until further notice.

Our office is still fully operation in all aspects and you may reach us by email or phone. In order to reach us you must send an email or leave a voicemail or we will not know you are trying to reach us.

Payments can be made online, into the drop-box across from our door, or by requesting and using cash payment vouchers at participating 7-11 or CVS locations.

If you have any questions please don't hesitate to send us a message or to give us a call at 512.617.6766.

We are only three months in and 2020 is shaping up to be quite the year. With the current COVID-19 pandemic in full swing the markets have taken a huge downturn in recent months and it’s beginning to affect everything from toilet paper sales, tourism, the real estate market and practically every industry across the globe. 

Which leads us to the question - Which is a better investment in an economic downturn, a short-term rental property or a long-term rental home?

Short-Term Rental Properties in Austin, Texas 

In light of COVID-19, several businesses have had to adapt or close overnight and companies like AirBNB or VRBO are not immune to the impact. In nearly every part of the world, AirBNB markets are drying up overnight. Owners have experienced a sharp cancellation of reservations and properties are beginning to sit for long periods of time with no end in sight. Well-renowned events such as South by Southwest (SXSW) here in Austin, which serve as pillars of the community, have been canceled and AirBNB owners faced the harsh realities of that decision. In January, Austin had 5,188 short-term rentals posted across all short-term rental sites. Now, just two months later, the sh...