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This powerful tool allows property managers and investors to defer capital gains taxes by reinvesting the proceeds from the sale of an investment property into a like-kind property. Increased Buying Power: With more capital to invest, property managers can acquire higher-value properties or multiple properties.
In the following article, we will explore whether landlords can legally impose a pet deposit for assistance animals and discuss the legal framework that safeguards these vital companions. This is because: Not Classified as Pets Under FHA regulations, assistance animals are not considered pets.
AI in Property Management: Separating Hype from Reality Artificial Intelligence (AI) is revolutionizing various industries, and the property management business is no exception. However, amidst the excitement, it’s crucial for property managers to distinguish between what’s merely hype and what genuinely delivers value.
In the previous editions of our property management software buying guide, we covered the basics of how to compare property managers, from key features software should have to assessing pricing models and customer reviews. We also explored specific considerations for multifamily property management software.
As the demand for housing continues to rise, property managers face the dual responsibility of maintaining occupancy standards and adhering to fair housing regulations. Occupancy limits are a fundamental tool used to ensure the safety, comfort, and well-being of residents while safeguarding property integrity.
Original article What is the Corporate Transparency Act? This article covers where that leaves you and what you can do to avoid penalties. Why compliance can be tricky Many property management businesses have complex ownership structures that can make reporting tricky. As things stand today, the CTA is being challenged in court.
However, some provisions may be found in state regulations. These state laws allow HOAs to place liens on the properties of residents who repeatedly dont pay HOA fees. In addition, HOAs in Alaska are also allowed to place liens on the properties of delinquent homeowners and, in the worst cases, pursue foreclosure proceedings.
Article Contents Key Features of a Duplex Benefits of Investing in Duplexes Tips for Buying and Renting Out a Duplex Key Features of a Duplex What is a duplex, anyway? property management companies often manage duplexes, so we can walk you through the biggest features that differentiate this multi-family property from other housing types.
Technology has fundamentally reshaped the way property managers and their staff interact with residents. With new advancements in artificial intelligence (AI), many tools that properties use for payments and resident communication are being upgraded.
Its an important oneand in this article, were breaking it down. As a property management company in Washington, D.C., in the eyes of the law, anyone paying to live in a property is considered a tenant. However, certain housing regulations may require longer notice. What Is a Tenant-at-Will and What Does It Mean?
This pause gives businesses a temporary break from the reporting requirements discussed in this article. What follows is our article in its original form. By that time, property management business owners should be ready to go. This article covers where that leaves you and what you can do to avoid penalties.
Smoking and housing policies often intersect in ways that raise questions about resident rights and property management responsibilities. While marijuana use for medical purposes introduces its own complexities, this article will focus specifically on cigarette smoking and how the FHA applies in these cases.
Ownership Transfer and Responsibilities When an HOA member passes away, the property is usually passed down to an heir or a designated beneficiary via the homeowner’s will or estate plan. Do Inherited Properties Still Require HOA Dues? Property inherited by relatives or other beneficiaries is subject to HOA rules and dues.
Navigating the legalities of marijuana use within property management is an ongoing challenge as states increasingly adopt diverse regulations. This variance between state and federal laws places property managers in a complex position, tasked with adhering to legal requirements while addressing the needs and rights of residents.
Are you a rental property owner stuck in the classic debate: landlord vs property manager ? In this guide, well break it all down, from the perks of being an independent landlord to the convenience of hiring a property manager, so you can confidently choose the right path for your rental business. Lets dive in!
In this article, well break down the typical timeframes for replacements and repairs, the factors that can affect these timelines, and who is responsible for appliance-related issues in the first place. Health and Safety Standards Landlords are legally obligated to follow safety regulations for appliances.
NARPM’s research shows that top property management companies have RTMs as 65% of their workforce. In this article, we’re going to teach you what you need to get started with hiring RTMs and skyrocketing your profits. And a specialized employee in property management is going to earn even more. you need to train them on it.
As the demand for housing continues to rise, property managers face the dual responsibility of maintaining occupancy standards and adhering to fair housing regulations. Occupancy limits are a fundamental tool used to ensure the safety, comfort, and well-being of residents while safeguarding property integrity.
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In this article, you will find the most common lease violation types. Residents will gain helpful tips to prevent violations, while property owners can learn proactive ways to address them while building strong resident relationships. Lease terms must be reasonable, as unreasonable terms could create legal risks for property owners.
As a property management company owner, the recent NAR lawsuit might have you questioning your next moves. This isn’t just another headline; it’s a game changer for how we manage properties and comply with new regulations. That means vacancies will be harder to fill.
Contents of the Article What Are Mid-Term Rentals? Mid-term rentals are rental properties that you can lease for a medium-length period. If youre considering offering a mid-term rental, working with a property management company in Washington, D.C., This key factor makes budgeting and planning easier for property owners.
This article presents five tips for creating a harmonious living situation with your housemates. Discuss issues including designated quiet hours, guest regulations, food provisions, housekeeping duties, and bill payments. Real Property Management Evertrust presents a range of excellent rental homes in Saco and nearby.
So, how can you manage these rental properties like a well-oiled machine? This article shares practical property management tips to help you streamline operations and boost efficiency. However, collaborating with experienced property managers in Philadelphia can help you take some pressure off your shoulders.
AI in Property Management: Separating Hype from Reality Artificial Intelligence (AI) is revolutionizing various industries, and the property management business is no exception. However, amidst the excitement, it’s crucial for property managers to distinguish between what’s merely hype and what genuinely delivers value.
Best Coastal Towns to Buy Property in Australia in 2025 By The Hospitable Team Industry Insights Updated Mar'25 Australia is well-known for its beautiful coastline and gorgeous beaches. And since, for many people, living by the ocean is the dream, and beach houses are a good investment, beach properties in coastal towns are always in demand.
As a property management business owner, the recent lawsuit between the Federal Trade Commission (FTC) and Invitation Homes has raised concerns across the industry. If you’re a property manager, this lawsuit serves as a stark reminder of the growing scrutiny on how property management companies handle tenants and fees.
Let’s take a look at each regulation and how they affect a tenant’s right to smoke. Federal Law The federal government regulates both tobacco and marijuana. Tobacco is generally legal and federal regulations do not restrict its use in private rental property. Let us discuss the former first.
As the demand for housing continues to rise, property managers face the dual responsibility of maintaining occupancy standards and adhering to fair housing regulations. Occupancy limits are a fundamental tool used to ensure the safety, comfort, and well-being of residents while safeguarding property integrity.
By that time, property management business owners should be ready to go. This article covers where that leaves you and what you can do to avoid penalties. Why compliance can be tricky Many property management businesses have complex ownership structures that can make reporting tricky. So, how much time is this going to take you?
In the following article, we will explore whether landlords can legally impose a pet deposit for assistance animals and discuss the legal framework that safeguards these vital companions. This is because: Not Classified as Pets Under FHA regulations, assistance animals are not considered pets.
So, if you own an off-grid cabin in the mountains or a luxury tree house on your private plot of land that you list on Vrbo or Airbnb , you may also consider renting out your property on Hipcamp. This includes welcoming campers to stay on your property, fire safety, waste management, etc.
Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act. Alberta has tabled legislation that aims to improve governance in condominium communities.
Smoking and housing policies often intersect in ways that raise questions about resident rights and property management responsibilities. While marijuana use for medical purposes introduces its own complexities, this article will focus specifically on cigarette smoking and how the FHA applies in these cases.
As such, they serve only a few residents, often within a residential property. While assisted-living businesses can vary in scope, from a few residents to a full-scale facility, they are subject to various regulations and standards related to health, safety, and zoning.
It is essentially a new lease for the same property. This is to avoid confusion and prevent the landlord from returning the property to the market. It’s possible to forget, especially when the landlord has multiple properties and tenants. In doing so, you can avoid confusion and misunderstandings. What is a Lease Renewal?
By that time, property management business owners should be ready to go. This article covers where that leaves you and what you can do to avoid penalties. Why compliance can be tricky Many property management businesses have complex ownership structures that can make reporting tricky. So, how much time is this going to take you?
This article will explore the key elements that influence how long an eviction process may take, including local laws, tenant responses, and the reason for eviction, helping you gain a clear understanding of what to expect during this legal process. Ultimately, the notice must comply with local housing laws and regulations.
Original article What is the Corporate Transparency Act? This article covers where that leaves you and what you can do to avoid penalties. Why compliance can be tricky Many property management businesses have complex ownership structures that can make reporting tricky. As things stand today, the CTA is being challenged in court.
As a homeowner in the vibrant communities of Santa Clarita and San Fernando Valley, renting out your property can be a lucrative investment opportunity. In this guide, we’ll delve into the legal requirements and regulations governing rental properties, empowering homeowners with the knowledge they need to succeed in the rental market.
In this article, we walk you through everything you need to know about lease cancellation, as well as how to avoid potential pitfalls. Tenants should review their lease agreement for termination clauses and understand potential penalties, while landlords must adhere to local regulations when initiating a termination.
By The Fair Housing Institute Technology has fundamentally reshaped the way property managers and their staff members interact with residents. With new advancements in artificial intelligence (AI), many tools that properties use for payments and resident communication are being upgraded.
Your landlord or property manager could take notice.So, the big question is, how long does an eviction stay on your record? Content for the Article Where Can Landlords Find Your Eviction Information? As such, you should double-check your area’s regulations. appeared first on Bay Property Management Group.
As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. Rent regulation is determined by each state, rather than by federal law.
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