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1099 forms for property management: Everything you need to know (2024 update)

Buildium

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. You also do not need to file a 1099-NEC form for any maintenance work or other services done by an incorporated business.

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6 must-know industry trends for small property managers

Buildium

For instance, the majority of rental owners want their property management companies to handle payments electronically , and renters prefer to complete most processes on their smartphone, with the exception of applying for rentals and signing up for renters insurance.

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

Buildium

This includes everything from budget approvals and maintenance projects to resolving disputes and planning community events. These materials may include financial reports, proposed budgets, contractor bids, and correspondence from homeowners.

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New Laws for LA Landlords

Real Property Management Choice

Electronic Vehicles According to AB2565, landlords should allow the installation of electric vehicle charging stations by tenants as long as they meet the stations set standards. Tenants are only allowed to do ground level planting for fruits and vegetables and strictly NO marijuana is allowed for personal use. According to senate bill No.745,

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Inspectors: An STR Essential

Thanks For Visiting

Airbnb Inspector Job: Boost Your Portfolio with Expert Tips For years, I juggled cleaning, guest communication, and maintenance for my Airbnb. In our business, we’ve filled this role utilizing independent contractors. Check out our FREE Independent Contractor Agreement to use in your STR business.

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Communication & Service You Should Expect from Your Boca Raton Property Management Company

Florida Property Management

Preventative maintenance should also be part of the services you receive. With the right technology, your property management company will be able to collect and pay rent electronically and provide an easy and secure way to communicate. Finding the Right Communication Balance

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45 Questions to Ask Short Term Rental Management Companies

Renjoy

Do you discuss maintenance issues with us first before proceeding to make any decisions? By discussing maintenance issues with the home owner before making decisions, you can assess their communication practices, transparency, cost control measures, property care approach, and their commitment to establishing a trusted partnership with you.