As many landlords are too busy with work to manage rental affairs, they are increasingly turning to rental management companies for assistance. Additionally, to enjoy tax benefits, many landlords are choosing to become charitable landlords. By renting properties to tenants who qualify for housing subsidies, they can benefit from reductions in property tax, land value tax, and income tax.

This high-rise building in an alley is spacious and has many floors, and the owner wishes to rent out but faces various issues, including repairs. Now, through rental management, landlords can easily address their concerns without needing to be onsite, providing tenants with increased security. According to Lin Guanyuan, an assistant at Zhaojiji Property Management, our rental agreements typically last for three years, and companies handling rentals will also carry out necessary repairs for the properties, which greatly benefits future tenants.

The number of vacant homes in Taiwan has reached a staggering 850,000, with an occupancy rate exceeding 9%. Therefore, the government has introduced the 'rental management' service to alleviate landlords’ burdens. Furthermore, in recent years, numerous landlords have opted to become charitable landlords to take advantage of tax incentives, with the number of such households increasing by 9.4 times compared to six years ago. However, there are specific conditions to fulfill to qualify as a charitable landlord. Wang Yiting, a manager at Zhaojiji Property Management, stated that landlords must possess valid property rights and have signed contracts.

Qualified charitable landlords can benefit from the Ministry of the Interior's revised 'Housing Law', which allows for the application of the lowest residential tax rates for property and land value tax, along with a monthly tax exemption of NT$15,000 on rental income. For amounts exceeding this exemption, 43% of necessary expenses can be deducted, and only the remaining 57% will be subject to income tax. For landlords, this setup allows for increased rental income while significantly lowering tax burdens, a truly beneficial arrangement.