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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. You have to keep your money separate from your owners, and youll need a trust account to handle tenants security deposits, all of which is regulated by the state in which you operate.

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HOA Electric Car Charging Policy: Why Have One?

Mem Property Management

As always, it is best for HOA boards to seek help from an attorney or their HOA management company when interpreting their rights, powers, and obligations. High-rises, in particular, encounter engineering troubles because their infrastructure may not be strong enough. Who Pays for Electric Car Charging Stations?

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Property Management Outsourcing Services: Benefits and Cost

Second Nature

The marketing agency may use a variety of advertising channels and mediums to promote the property, including social media marketing, search engine marketing, online advertising, email marketing, print advertising, and other marketing channels. Ensure the provider leverages the latest technology to offer seamless and efficient services.

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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Legal Defense Costs : Typically, CGL policies include coverage for legal defense costs, encompassing attorney fees, court expenses, and settlements or judgments. For example, brokers, property managers, attorneys all have a duty to carry E&O insurance for their operations. Coverage limits are often mandated by state regulations.