Kentucky tax compliance built in. Section 8 experience. No maintenance markups. Licensed KY brokers who actually answer the phone.
None of this is your fault. You bought a rental in Lexington because the numbers made sense — maybe a UK-area student house, maybe a Chevy Chase single-family, maybe a Section 8 property with reliable income. What you didn't sign up for is running a property management operation from another state.
That's what we do. All of it. From someone actually in Lexington.
Net rent proceeds deposited to any US bank account. Statement by the 10th, ACH shortly after.
Full photo reports through your owner portal. Plus turnover inspections at every tenant change.
Actual vendor invoices, no percentage add-on. Big deal when you can't verify the work yourself.
Owner calls and emails answered within 4 business hours. Tenant emergencies dispatched immediately.
1099, income and expense summary, and all vendor invoices for your CPA. Every year, no ask required.
We flag Kentucky nonresident filing requirements, LLET obligations, and property tax bill timing so nothing gets missed.
This surprises a lot of first-time out-of-state Lexington landlords, especially those coming from no-income-tax states like Tennessee, Florida, or Texas. If you own a Kentucky rental in your personal name, you're a Kentucky nonresident taxpayer. If you own it through an LLC, the LLC may also owe Kentucky Limited Liability Entity Tax (LLET) and be required to register with the Kentucky Secretary of State.
We can't file your taxes for you, but we can:
Full breakdown of the Kentucky landlord tax picture is in our out-of-state landlord tax guide.
Section 8 rentals through the Lexington Housing Authority are a good fit for out-of-state owners because payments are reliable (LHA pays their portion by the 5th every month) and tenants tend to stay longer. But they also require someone physically in Lexington to handle:
If you own a Section 8 property in Lexington and you're managing it yourself from another state, you're either putting in more hours than a market-rate rental would take or you're missing things. We already manage Section 8 rentals through LHA — the operational rhythm is built in.
| Timing | What happens |
|---|---|
| 1st – 5th | Rent collection window. Tenant portal, ACH, or check. LHA portion posts automatically for Section 8 properties. |
| 5th – 8th | Late fee assessment for non-payers. Follow-up contact. Payment plan discussions if applicable. |
| 10th | Monthly owner statement delivered. Every rent collected, every expense, every vendor invoice attached. |
| 10th – 15th | ACH distribution to your designated bank account. |
| Ongoing | Maintenance requests processed through owner-approved thresholds. Anything above your threshold requires your approval. |
| Twice per year | Full property inspection with photo report. |
| January | 1099 and annual tax package delivered. |
Yes. Kentucky imposes a 4% flat individual income tax on rental income earned in the state, regardless of where the owner lives. Out-of-state owners must file Form 740-NP (Kentucky nonresident return). Federal deductions carry through, so taxable Kentucky rental income is usually much lower than gross rents.
Tenants call our direct line for emergencies. We dispatch a vetted local Lexington vendor within an hour and send you a same-day summary describing what happened, what the vendor is doing, and the estimated cost. You never wake up to a surprise invoice.
Yes. We ACH the net rent proceeds to any US bank account you designate. Most out-of-state owners receive their monthly distribution between the 10th and 15th, along with a detailed statement showing rent collected, expenses paid, vendor invoices, and net remittance.
We inspect properties twice per year with a photo report, plus an additional inspection at each tenant turnover. Photos are shared through your owner portal with dated captions. If you want more frequent inspections, we can arrange that as an add-on service.
We currently manage Section 8 rentals through the Lexington Housing Authority (LHA). Out-of-state owners of Section 8 properties benefit especially from having someone local — HQS inspections, HAP contract renewals, and tenant portion collections all require someone on the ground in Lexington who can respond same-day when LHA needs something.
Kentucky requires anyone managing property for others to hold a real estate broker's license issued by the Kentucky Real Estate Authority (KREA). Verify any Lexington property manager you consider has an active KREA firm license. We do — and we're happy to provide our license number on request.
Bigger firms have more volume but often charge maintenance markups, use their own preferred vendor lists that inflate costs, and route calls through a central office. Serenity is smaller, family-run, and treats you like a client rather than an account number. If you want scale, use them. If you want honest and hands-on, use us.
Fifteen minutes. We'll ask you about the property, tell you what we'd charge, and if it's a fit we go from there. No sales pitch.
Get in touch