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1031 Exchange in Multifamily Real Estate

American Apartment Owners Association

By following these guidelines, multifamily real estate investors can effectively build wealth by deferring taxes and reinvesting profits. The Benefits of Using a 1031 Exchange for Multifamily Investors Utilizing a 1031 exchange offers several key advantages formultifamily real estate investors: 1.

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The Eviction Process: What Makes a Notice to Quit Invalid?

Property Management Inc.

Consulting with a local housing attorney can help you anticipate and avoid these roadblocks. This usually requires the landlord to provide a written notice and a reasonable time to rectify any lease violations or to vacate the property. Illegal evictions, such as changing locks or shutting off utilities, are prohibited.

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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.