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California Increases Dollar Limit for Home Repairs Without Licensed Contractors

Authority Property Management

AB 2622: How Californias New $1,000 Rule Benefits Landlords, Tenants, and Homeowners How AB 2622 Is Transforming Property Management in California Californias latest legislation brings flexibility and cost savings for landlords, homeowners, and tenants alike. Benefits of AB 2622 for Landlords and Homeowners 1. What Is AB 2622?

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Can You Deduct Your Own Labor on a Rental Property, Answered

Bay Property Management Group

After all, hiring contractors is deductible, so shouldnt your own hard work count too? However, there are other ways you can save on your rental expenses, like contractor and material costs. The IRS only allows deductions for real expenseslike paying contractors, buying materials, or hiring property managers.

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

Buildium

Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. For 2024, the form looks like this: What Is a 1099-NEC form? The IRS makes (typically small) adjustments to the 1099-MISC form each year.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

The 2024 America’s Rental Housing Report has several notable trends and key takeaways. Yes, many new apartments may become available according to the 2024 rental market predictions. Landlords and property investors would pay attention to these trends to protect their investments and make the right purchases moving forward.

Apartment 130
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6 must-know industry trends for small property managers

Buildium

In 2024, tenant quality emerged as the #1 concern for property management companies. For 77% of PMCs, vendor and contractor labor costs have gone up over the last year, exacerbated by the rising cost of materials and supplies. This helps explain why maintenance was property managers’ second-greatest challenge in 2024.

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Salt Lake City Ranks As A Top Place For Landlords In 2025

Rental Housing Journal

Looking ahead to the real estate landscape of early 2025, landlords and property investors are looking to identify the most promising markets and Salt Lake City and Phoenix rank high as great places for landlords. Salt Lake City is a pretty great city to be a landlord,” he said.

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Cash Flow Might Be Tight in Indianapolis, But Investment Still Makes Sense

T&H Realty

The average rent for a single family home in Indianapolis was $1,593 as of Q4 of 2024. Additionally, cost-saving measures such as preventative maintenance, bulk contractor discounts, and energy-efficient upgrades can lower expenses in the long run. This marks only a modest increase of $75 compared to the previous year.