Buildium

DECEMBER 17, 2024

Starting in 2018, Congress established a new deduction for pass-through business owners, including property managers ( IRC Section 199A). Deductions on Legal and Professional Services You can deduct fees that you pay to attorneys, accountants, consultants, and other professionals if the fees are paid for work related to your business.

Property Management 246

Property Management Property Manager Management Property 246

Condo Control

NOVEMBER 21, 2024

Change is easier when your community is prepared for it. New legislation impacting condo and HOA communities has been passed in several U.S. states, affecting everything from electronic voting to accessible parking. Check out the new laws that have come into effect in 2025. California Electronic voting permitted It has finally happened!

Electronics 246

Electronics Condominium Government Litigation 246

Condo Control

NOVEMBER 11, 2024

Maryland HB 107 requires condominiums and HOAs that have conducted a reserve study on or after October 1, 2018 to complete an updated study within five years, and continue to do so every five years thereafter. Updated reserve studies are to be completed at least every five years thereafter.

Condominium 130

Condominium Maintenance Government Management 130

Property Management Inc.

NOVEMBER 26, 2024

April 10, 2018 By Cassie James, PMI Communications Manager Tax season can be stressful for solo entrepreneurs and landlords. If you paid an attorney or title company for legal services regarding your rental property, these expenses are deductible as well. Be aware; the IRS has very specific requirements for using a 1031 exchange.

Rental Property 98

Rental Property Property Transportation Professional Property Management 98

Property Management Inc.

NOVEMBER 26, 2024

According to a July 2018 survey by Apartment List, 6.4 Meanwhile, you’re trying to help your new tenants get safely situated like you promised while investigating what went wrong and trying to figure out how to get the wrong tenants who just moved in, out. This scenario is far from uncommon. million U.S. rental fraud victims per year.

Property Management 98

Property Management Property Manager Management Property 98

Property Management Inc.

NOVEMBER 26, 2024

The FCAR Researches Aging Infrastructure Because aging infrastructure has been a problem for many HOAs, the Foundation for Community Association Research (FCAR) did some research in 2018 to find some answers that could help HOAs move forward. ” The survey revealed a lot of data. .” That is communication.

Contractors 52

Contractors Engineering Maintenance Condominium 52