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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

For example, you can deduct the rent and utilities you spend for an office or other workspace outside of your home. 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. To learn more, check out our blog post on 1031 exchanges.

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100+ Questions Every LA Multifamily Investor Should Ask

InveServe

What are all the recurring operating expenses (property taxes Proposition 13 considerations, insurance earthquake coverage is essential, utilities, maintenance, management fees)? utilizes best-in-class screening while respecting tenant rights.) How do I ensure lease compliance in the LA context? tenant relocation costs)?

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A Complete Guide to Commercial Building Maintenance: Checklists, Costs, and Schedules

MRI Software

Regular upkeep not only prevents costly repairs but also improves energy efficiency, ensures compliance with regulations, and enhances the overall experience for occupants. Regular testing and servicing of fire alarms, sprinkler systems, and extinguishers ensure compliance with local fire codes and regulations.

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PART 1: Why the Vendor Bidding Process Is Broken (and What It’s Costing Property Managers)

Fourandhalf

All of that labor comes with no guarantee that those bids are even getting done, and those are hours that can be utilized elsewhere in your business. It may have to do with contractor overhead, or it could be the market conditions or the bidding strategy. This can add up to 10 hours a week, which might cost 400 to 520 hours per year.

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Run better HOA board meetings: Tips and tools for association managers

Buildium

Compliance: Meetings help confirm that all actions and decisions align with the communitys governing documents and relevant legal requirements, thereby safeguarding the communitys interests. These materials may include financial reports, proposed budgets, contractor bids, and correspondence from homeowners.

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How to Choose a Property Manager in Bay Park

McKee Properties

Property managers act as intermediaries, handling tenant concerns, property maintenance, rent collection, and legal compliance. Do they have reliable vendor relationships with Bay Park contractors? Deep Understanding of Legal and Compliance Standards The complexity of rental laws is no secret. What Makes Marketing Effective?

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Why Authority Property Management is Your Best Choice for Property Management

Authority Property Management

Here are some of the standout services we provide: Property Marketing & Leasing We help property owners quickly find the right tenants by utilizing modern marketing strategies and ensuring that properties are always presented in their best light. Our thorough screening process ensures that only the best tenants are selected.