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5 of The Most Rent Control Laws For 2024

Genuine Property Management

Here are the five most important rent control laws that come into effect at various times in 2024. Security deposits Tenants will no longer have to pay two months’ rent as a security deposit. A new bill caps the amount a landlord can charge to just one month’s rent.

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A Safer Home: How Landlords Can Protect their Properties as Insurance Costs Rise

American Apartment Owners Association

Vice President & Branch Owner at All Solutions Insurance As property insurance costs inch up with inflation and rising maintenance costs, landlords are finding comprehensive and affordable insurance coverage increasingly difficult to secure and retain. How much dwelling coverage do you need?

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

Buildium

For 2024, the form looks like this: What Is a 1099-NEC form? To give you an idea of what to expect, the form for 2024 looks like this: 1099 Exemptions for Property Managers There are a few scenarios in which property managers are exempt from filing a 1099. The IRS makes (typically small) adjustments to the 1099-MISC form each year.

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Justice Department Sues 6 Large Landlords

Rental Housing Journal

The Justice Department, together with 10 state co-plaintiffs, has filed an amended complaint in its antitrust lawsuit against RealPage to sue six of the nations largest landlords for participating in algorithmic pricing schemes that harmed renters, according to a release. Atlanta-based Cortland manages more than 80,000 rentals in 13 states.

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Why It’s Never Been Harder to Be a Landlord

American Apartment Owners Association

The role of a landlord has always come with its challenges, but as we move into 2025, it has arguably never been more difficult. A combination of high insurance costs, razor-thin margins, and outdated business models are pushing many landlords to the brink, forcing them to reevaluate their strategies.

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Labour’s Renters Rights Bill: What it Means for Landlords and Tenants

Landlord Vision

On 4 July 2024, the UK elected a new Labour government led by Sir Keir Starmer. During its election campaign, Labour promised significant changes to the private rented sector (PRS), and now these changes are poised to come into effect under the new Renters’ Rights Bill, which replaces the Conservatives’ Renters’ Reform Bill.

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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. However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. The rental market rapidly increased during 2021 and 2022.

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