Consumer-protection lease rules

Renting out five or more units qualifies as a residential rental business — you must use fair contracts, return deposits within 7 days after inspection, and cannot seize deposits without cause.

Utility charges

Charge no more than the actual utility rate plus reasonable costs. Excessive markups risk complaints.

Relevant taxes

  • Income tax on rental revenue
  • Land and building tax
  • Signboard tax for your dorm sign

An annual check-in with a local accountant keeps you current.