Having a rental property that stands out can be challenging for landlords in any city. To make your rental shine above all the others, consider decorating the property with rental furniture. This interior design investment can help your property attract potential tenants. Here are a few reasons how furnishing your property can bring you more profit in the future. 

3 Reasons to Furnish Your Rental Property

1. Raises Your Property Appeal

By utilizing rental furniture, you can design your property to target different groups of people, such as students, temporary workers, and long-distance transplants who aren't bringing many personal belongings or furniture. These people will likely be drawn to your property, as it will help them decrease their own move-in costs. 

2. Increases Rates

Fully decorated homes are highly sought because of the convenience they offer and their rarity. Since furnished rentals come outfitted with additional features, they can help you justify a higher rental price and increase your profit. When furnishing your property, remember that new, attractive furniture is key. Old furniture may seem more affordable, but unattractive furnishings can just as easily turn people away. Investing in rental furniture that can be replaced with changing trends is a savvy way to maintain your property's value and rates. 

3. Counts as a Tax Break

Furnishing a property that you intend to rent out qualifies as a business expense. Independent landlords can write off the cost of all furniture and decor as business expenditures, alleviating some of their tax burden for the year. Be sure to save receipts and keep track of all items purchased or leased for your rental properties, so you can accurately report them when filing in the future.

If you're looking for top quality rental furniture to decorate your investments, turn to McGuire Furniture Rental & Sales in Maryland Heights, MO. This rental company offers a wide selection of furniture for every room in both classic and modern styles. Call or text (314) 997-4500 to speak with a professional or visit their website to check out their furniture rental packages or browse their available furniture selection.