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BOI Reporting: Corporate Transparency Act Update

Yardi Breeze

The bottom line : protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). What if someone isnt sure what to do next?

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

Buildium

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. This role includes preparing the agenda, facilitating discussions, and documenting decisions.

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Fair Housing Compliance for Landlords: Mitigating Risks and Protecting Your Business

RL Property Management

When it comes to managing rental properties, Fair Housing compliance for landlords is essentialits the foundation of a successful business. Yet, many landlords overlook how quickly non-compliance can lead to serious consequences. Failing to prioritize Fair Housing compliance for landlords can result in costly fines and legal battles.

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Navigating Unreasonable Accommodation Requests: Finding Fair Solutions

American Apartment Owners Association

Engaging in this kind of dialogue not only shows a willingness to accommodate but also helps ensure compliance with fair housing regulations. Documenting every conversation and action taken is critical, as it demonstrates that the property manager made an effort to accommodate the resident in a fair and reasonable way.

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BOI Reporting: Corporate Transparency Act Update

Yardi Breeze

The bottom line : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines. Non-compliance may lead to steep penalties, including fines and criminal liability.

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Marketing an HOA management company: What to focus on plus 8 strategies to keep and win clients

Buildium

From interviewing every candidate to managing invoices and overseeing insurance compliance, its no wonder why many board members want to put this task on a community managers to-do list. Document Preparation and Resale Disclosures Record processing, delivery, and retention of resale disclosures can be very time consuming.

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Accounting Software for Cooperative Housing Society

ADDA

Managing the financial records of a cooperative housing society is a responsibility that requires precision, transparency, and compliance with statutory regulations. Compliance Issues : Ensuring statutory compliance becomes challenging without proper tools. Here’s why ADDA Books is the preferred choice.