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Understanding the 1031 exchange timeline: A step-by-step guide for property managers

Buildium

Tips for a Successful 1031 Exchange To navigate the 1031 exchange process smoothly, consider the following tips: Engage a Qualified Intermediary: A qualified intermediary is required for facilitating the exchange and ensuring compliance with IRS regulations.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

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Essential Advice for Property Managers: Tips and Strategies for Success

BetterWho

In this guide, we’ll explore proven strategies, innovative tools like the best property manager apps, and insights from property management consultants to empower your success. From navigating legal regulations to crafting compelling property management ads, the role requires staying ahead of trends. Improve tenant retention rates.

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Essential Advice for Property Managers: Tips and Strategies for Success

BetterWho

In this guide, well explore proven strategies, innovative tools like the best property manager apps, and insights from property management consultants to empower your success. From navigating legal regulations to crafting compelling property management ads, the role requires staying ahead of trends. Improve tenant retention rates.

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BOI Reporting: Corporate Transparency Act Update (Feb. 2025)

Yardi Breeze

To uphold industry trust and transparency, it matters that your business takes steps to be in line with federal regulations. Legal developments Most companies established after March 1, 2024, have been required to comply with the new BOI reporting regulations. By March 21, 2025, most businesses will follow suit.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Before doing anything tax- or accounting-related, consult a certified accountant. And, of course, consult a CPA to determine which deductions your business is eligible for. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business.

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BOI Reporting: Corporate Transparency Act Update

Yardi Breeze

To uphold industry trust and transparency, it matters that your business takes steps to be in line with federal regulations. As of March 1, 2024, most companies must comply with the new BOI reporting regulations. For property management companies, these rules arent just about avoiding penalties theyre about accountability.