Buildium

NOVEMBER 5, 2024

With so much on the horizon for property managers, property management tax reporting, may be the last thing on their minds. Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold.

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Authority Property Management

JULY 29, 2024

Qualified professionals must conduct these inspections, including licensed architects, civil or structural engineers, or experienced contractors. Licensed Contractors experienced in balcony and deck inspections. Legal Consultation: Regularly consult with legal experts to ensure compliance.

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Property Management Property Manager Management Engineering 95

Florida Property Management

SEPTEMBER 11, 2023

If time constraints are a concern, hiring a professional property manager may be a more viable option. Tenant Challenges Tenant-related issues are common pitfalls for self-managing property owners. Poor tenant selection can lead to property damage, frequent vacancies, and legal hassles.

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Management Property Professional Property Management Property Management 52

MRI Software

NOVEMBER 26, 2024

In a corporate lease, the business is the primary tenant, and it is responsible for paying the rent, while employees or contractors occupy the units. In contrast, a personal lease is signed by an individual who is directly responsible for living in the property and handling rental payments.

Residential Property 52

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Esquire Property Management Group

NOVEMBER 17, 2024

Fees paid to accountants, property managers, legal advisors, and contractors involved in property upkeep and management are deductible. For example, if you spend $12,000 annually on property management services, this amount can be deducted as a necessary business expense.

Real Estate 52

Real Estate Commercial Property Commercial Property Management Property Management 52

SparkRental

NOVEMBER 8, 2024

The Big Picture On Fractional Ownership In Real Estate: Fractional real estate ownership allows investors to buy small shares of properties, enabling participation in rental income and capital gains without the hassle of managing properties directly. Will you own the property under your name or create an LLC to own the property?

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Real Estate IT Rental Income Rental Property 52

SparkRental

NOVEMBER 11, 2024

The Big Picture On The Best Passive Real Estate Investments: Passive real estate investing allows you to earn returns without the hassle of managing properties—options include REITs, crowdfunding platforms, private notes, and syndications. and I never field a phone call or negotiate with contractors. I’ve done all of that work.

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