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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. There are a variety of reasons why landlords choose to increase their rent prices and you should understand exactly why youre raising rent and by how much.

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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. There are a variety of reasons why landlords choose to increase their rent prices and you should understand exactly why youre raising rent and by how much.

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1099 forms for property management: Everything you need to know (2024 update)

Buildium

In 2020, the IRS began requiring businesses to report non-employee compensation in a separate form, the 1099-NEC. 1099 Requirements for Property Owners If you own the property you are managing (a private landlord), you do not need to file a 1099 for any work related to that property. Again, this exemption does not apply to LLCs.

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The Hidden ‘Double Whammy’ Facing Owners Who Hand Buildings Over To Lenders

American Apartment Owners Association

With billions of dollars worth of commercial real estate loans coming due, landlords with struggling properties are increasingly giving the keys to lenders and walking away. For struggling landlords, its an appealing option.

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5 Steps to Lower Vacancy Rates and Increase Renewal Rates

BiggerPockets

Lease renewal rates in the U.S. have been climbing steadily over the past decade, reaching record highs in 2020 as many renters were unable or unwilling to relocate due to the pandemic.

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Ensuring a Fair and Effective Eviction Process: Guidelines for California Landlords

Real Property Management Choice

Evicting a tenant can be a difficult and emotional process for California landlords, and we always recommend that you don’t rush into it. However, sometimes there is no other option; your tenant is being uncommunicative or combative, or it’s simply impossible to work with them on getting rent paid or lease violations cured.

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Loss of rental income insurance: Essential coverage for every landlord

MRI Software

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income.