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How bonus depreciation can save your property management company money

Buildium

Lets take a look at what bonus depreciation actually means for property managers, what qualifies for a deduction, and the easiest way to start saving. In the eyes of the IRS, many assets, including rental properties, depreciate over time due to wear and tear, along with other factors. What Is Depreciation in Real Estate?

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Reserve fund requirements for Canadian condominiums and stratas

Condo Control

Class 1 – Comprehensive study A physical examination of the property must be conducted. Alberta The Condominium Property Act requires condominium corporations to establish and maintain a reserve fund so that it can pay for major repairs and replacement of property and common property owned by the corporation.

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Why CRE asset management software is critical for commercial investment success

MRI Software

billion by 2027. With property portfolios growing rapidly, effective management is more important than ever. CRE asset management software centralizes data, enhances collaboration, and supports critical decisions, making it essential for your portfolio’s success.

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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

Since 2018, property managers have been able to take advantage of various tax breaks authorized by the Tax Cuts and Jobs Act (TCJA). But which TCJA provisions impact property managers? For example, if you earn $100,000 in QBI from your property management business, you could deduct $20,000 ($100,000 x 0.2).

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How Cost Segregation Transformed My Real Estate Investments with Unmatched Tax Savings

American Apartment Owners Association

This bonus depreciation will begin to phase out after 2022 and will completely expire by 2027. year or 39-year depreciation schedules, cost segregation breaks down the property into different components like personal property or land improvements, which have shorter depreciation periods (think 5 to 15 years). year property.