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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. 1099-MISC and 1099-NEC Filing Options for Property Managers You have several options when filing 1099 forms.

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6 must-know industry trends for small property managers

Buildium

Small property managers should find the right balance between tech and in-person interaction. Fact #5: Maintenance Costs Are Rising Property management companies see work order management software as the main opportunity for improving property maintenance, a top concern among rental owners and tenants.

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

Buildium

These materials may include financial reports, proposed budgets, contractor bids, and correspondence from homeowners. Online Voting Systems Online voting systems can streamline the decision-making process, allowing board members to cast their votes electronically.

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Landlord’s guide to residential insurance: Key elements for protecting your residential properties

MRI Software

Make sure your landlord residential insurance policy reflects the rebuild value, not the market value, of the property. Rebuild costs include clearing debris, hiring contractors, and meeting local building codes. Contents coverage Contents coverage applies to items you own inside the property.