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You Ask, We Answer: Top Property Management Software FAQs

Yardi Breeze

We get a lot of questions from property managers about Yardi Breeze and Yardi Breeze Premier. To help you out, we assembled a list of common property management software FAQs below. I get many rent checks all at once and dont want to use the Yardi CHECKscan mobile app to deposit them individually.

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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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ICYMI: 2024 Rent Manager Release Notes Recap

Rent Manager

As we reflect on 2024, one thing is for sure, youve been busy! Last year, our team worked tirelessly to provide feature enhancements designed to grow your operation and simplify your Rent Manager experience. And so have we.

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Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

In 2024, we can see that more companies reported equivalent or greater revenue growth than they did in any year between 2017 and 2022. And second: Brokering property sales is also less profitable, with rental owners buying and selling fewer properties in the current market. 41% will expand the services they provide.

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Are Rent Prices Going Down? What Property Managers Need to Know

BetterWho

Are Rent Prices Going Down? Understanding the Rental Market Trends Rent prices are a hot topic for both property managers and renters. With economic fluctuations and market shifts, the question arises: Are rent prices going down ? What’s Driving Changes in Rent Prices? Are Lower Rent Prices Good or Bad?

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The tax cuts and jobs act is set to end—Here’s what it means for property managers in 2025

Buildium

million for qualified business assets in 2024. However, the deduction limit is reduced by the amount by which the cost of the property exceeds $3.05 mile in 2024), you can deduct up to: $10,000 for the first year, $16,000 for the second year, $9,600 for the third year, and $5,760 for each later taxable year in the recovery period.

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6 must-know industry trends for small property managers

Buildium

Fact #3: Tenant Quality Is Property Managers’ Top Concern Finding financially stable tenants is getting harder as rent growth outpaces wages, causing property management companies to prioritize tenant screening. In 2024, tenant quality emerged as the #1 concern for property management companies.