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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Employees and Contractors If you hire one or more employees, your payroll, as well as costs such as health insurance and other benefits are fully deductible. When you hire an independent contractor, that cost is deductible, too.

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Why is facilities management important in the hospitality industry?

MRI Software

MRI Software offers innovative facilities management software solutions designed to streamline these operations, allowing you to effectively manage maintenance, safety, and compliance. Get a software demo Facilities Management Software Leading solutions for property occupiers, owners and service providers & contractors.

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What are hard services in facilities management?

MRI Software

Safety and compliance: Hard services like fire safety systems keep your facility compliant with safety regulations, protecting occupants and assets. Hard services in facilities management FAQs Get a software demo Facilities Management Software Leading solutions for property occupiers, owners and service providers & contractors.

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What is multifamily property management and what are the benefits?

MRI Software

Property managers must plan and oversee all aspects of the property’s upkeep, from creating maintenance schedules to hiring and managing contractors and maintenance personnel. They handle lease agreements, enforce property rules, and ensure compliance with housing laws. appeared first on MRI Software.

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Multifamily construction process explained

MRI Software

You’ll work with architects and contractors to finalize the design. You’ll need to assemble the right team, including architects and contractors, to bring your vision to life. Zoning approvals: Ensuring land use compliance Zoning permits are essential to confirm that the land is legally designated for multifamily use.

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What does smart stand for in technology?

MRI Software

Additionally, smart technology helps organizations meet regulatory standards and best practices for compliance. FAQs Get a software demo Facilities Management Software Leading solutions for property occupiers, owners and service providers & contractors. The post What does smart stand for in technology?

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Roles and responsibilities of condo boards vs. property managers: Key differences

MRI Software

One of their main tasks is setting bylaws and ensuring compliance. The board is also responsible for hiring and managing external contractors for maintenance and repairs. They develop policies that promote a harmonious living environment for all residents. Financial management of a property is another critical responsibility.