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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business. Every property management tax mistake is, at best, a missed opportunity to save money and, at worst, a potential compliance issue.

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Master lease agreements in multifamily real estate: Best practices and insights

MRI Software

Check compliance with zoning, safety regulations, and local market conditions. Verify property titles, ensure zoning compliance, and address safety regulations to avoid legal or operational issues. Finalize the agreement by consulting with a real estate attorney to include legal safeguards and secure a reliable, long-term arrangement.

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What is multifamily zoning?

MRI Software

Developers must navigate these rules to avoid legal or financial setbacks and to ensure compliance from the beginning. Property management tools can assist in tracking compliance with complex zoning requirements, such as those around height and density. How does multifamily zoning differ from other zoning types?

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The eviction process for multifamily properties

MRI Software

This will help ensure compliance with legal procedures and that you are protecting the tenant’s rights. It’s advisable to consult with an attorney who specializes in landlord-tenant law to guide you through this process. The second reason is to grasp the requirements for eviction notices and tenant rights.

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How to get land zoned for multifamily

MRI Software

Hiring experienced professionals, such as zoning attorneys and planning consultants, can provide valuable guidance and ensure compliance with all requirements. Staying organized and responsive to requests for additional information can help streamline the approval process.

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Multifamily condo conversion: Is it the right move for your property?

MRI Software

These steps ensure compliance with local regulations and provide the foundation for a smooth conversion process. To avoid these problems, its important to work with experienced attorneys or consultants who specialize in condo conversions. Get a demo The post Multifamily condo conversion: Is it the right move for your property?

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