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Real Estate Title Claim Dispute Toolkit

American Apartment Owners Association

You have the right to your own attorney. Real Estate Attorney A real estate attorney can play various roles in the area of title disputes and real estate transactions in general. The attorney can review the documents and provide basic advice and counsel. The title officer can work with your own attorney.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Before doing anything tax- or accounting-related, consult a certified accountant. And, of course, consult a CPA to determine which deductions your business is eligible for. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business.

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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. The W-9 form will give you their filing status and federal tax ID, so you can file your 1099-MISC forms accurately when the time comes.

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Understanding HOA finances: A practical guide for association managers

Buildium

You’ll also need to budget for attorney fees. Whether it’s consulting with outside counsel on things like emotional support animal (ESA) applications, handling delinquencies, or managing collections, legal costs can add up. Since collections are heavily regulated, familiarize yourself with the rules. When they do, try not to panic.

Finance 245
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After a Wildfire: Essential Steps for Property Recovery

Beach Front Property Management

If the policy wording is unclear, consult a local attorney specializing in insurance law. Homeowners should review their liability insurance coverage with an attorney to ensure they are protected against such claims. The explanation should clarify why certain items are not covered and detail any coverage limits.

Insurance 147
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How to Keep Your Tenants Safe

American Apartment Owners Association

AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument.

Tenant 244
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How to Handle Common Lease Violations

American Apartment Owners Association

Consider Mediation or Legal Advice : Consult a mediation service or attorney if direct communication does n o t resolve the matter. Mediators facilitate compromise, while attorneys provide essential legal guidance. Present your evidence and encourage open dialogue fora mutually beneficial solution.

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