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The City of Seattle has hired a law firm to defend against a Seattle real estate investor suit alleging the city “destroyed” its ability to sustainably operate an affordable apartment property in the Chinatown International District, according to reports. The city has retained the law firm Bryan Cave Leighton Paisner.
April 10, 2018 By Cassie James, PMI Communications Manager Tax season can be stressful for solo entrepreneurs and landlords. If you own residential property, you are aware that there are a number of unavoidable costs and expenses that go along with the territory.
How Landlords Can Qualify for the 20% Pass-Through Tax Deduction If you're a landlord in Redding, CA , you might have heard about the 20% pass-through tax deduction introduced by the Tax Cuts and Jobs Act ( TCJA ) of 2017. This deduction began in 2018 and is currently scheduled to last through 2025.
The Big Picture On This Comprehensive Ark7 Review: Ark7 is a real estate crowdfunding platform that enables investors to purchase fractional shares in rentalproperties, including single-family homes, multifamily units, and short-term rentals. Being a landlord? What Is Ark7?
While it is marketed as a measure to provide relief for renters, it poses serious concerns for property owners, managers, and landlords. In this blog post, we will delve into the details of Proposition 33 , how it could affect the real estate market, and why those involved in property management should consider voting no.
It is critical to maintain and secure the foundation of your rentalproperty in order to ensure its continued functionality over time. Hence, incorporating foundation sealing and repair into your property management strategy is an important necessity.
Long-term functionality of your rentalproperty depends on maintaining and sealing the foundation appropriately. Because of this, it’s critical that your property management plan include foundation sealing and maintenance. It will even help prevent additional problems such as pests and structural damage.
According to a July 2018 survey by Apartment List, 6.4 percent of United States renters said they had lost money to rental fraud, resulting in an estimated 5.2 rental fraud victims per year. Be careful of landlords who insist on payment in cash. This scenario is far from uncommon. million U.S.
In such an unprecedented time, what bearing could this possibly have on property managers and landlords? The cost of labor and supplies are on the rise, and rentalproperties are not an exemption from rising costs. Such is the case because property taxes and insurance are assessed by the value of a property.
September 11, 2018 If a property management company has marketed a property effectively , they will soon have a stack of applications to review and a number of potential tenants. There are four basic questions that need to be answered about a prospective tenant in order to determine if they are a good fit for the property.
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