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Is Rental Income Taxable? What Landlords Should Know

Bay Property Management Group

Here are the major ones: Maintenance and Repair Costs Any money you spend on keeping your property in tip-top shape, like fixing a leaky roof, repairing broken appliances, or giving the walls a fresh coat of paint, can be deducted. years for residential properties. So, make sure you get an accurate appraisal if necessary.

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What is residential property management? Roles and responsibilities explained

MRI Software

Managing these properties can be challenging, and thats where residential property management comes in. If you own a rental property or multifamily building, the day-to-day responsibilities of tenant management, property upkeep, and finances can quickly become overwhelming. What is residential property management?

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What A Difference Affordable Housing Software Can Make

Yardi Breeze

During the 1980s, Great Western Management (GWM) developed 15 residential properties with subsidies from the United States Department of Agriculture (USDA) under its Section 515 Rural Development (RD) program. The biggest change for GWM is Breeze Premier’s ability to send compliance data directly to USDA.

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You Ask, We Answer: Top Property Management Software FAQs

Yardi Breeze

I manage a mixed-use property with commercial & residential units. How should I set up this property? For a mixed-use property, it is possible to set up the commercial units as a commercial property and the residential units as a residential property. Billing will update automatically.

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Essential Lease Portfolio Management Software Features for Real Estate Investors

MRI Software

Real estate investors must manage multiple leases, properties, and financial transactions efficiently to maximize profitability and ensure compliance. By having all critical information in one place, investors can make informed decisions, avoid costly oversights, and streamline lease administration across multiple properties.

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How to Keep Your Properties Safe with Multifamily AI

MRI Software

In this guide, we look at what AI multifamily is, its functions, and how it is benefitting residential property managers by reducing risk and saving time. When an AI-powered tool receives a document for the first time, it can label the data it’s been shown and then search for patterns in that data. What is Multifamily AI?

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What are the types of residential lease agreements? A landlord’s guide

MRI Software

Landlords may need to invest more time in screening applicants, managing lease renewals, and ensuring compliance with changing rental laws. Ease of management Choosing the right landlord lease agreement can simplify property management and reduce day-to-day hassles.