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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. If the rental property owner is established as a corporation, you do not need to file a 1099-MISC form for payments made to that company.

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How to Handle a Bad Contractor

SparkRental

The Big Picture On How to Handle a Bad Contractor: Keep detailed records of all agreements, payments, communications, and any issues with the contractor’s work. Before escalating, address the problems directly with the contractor, clearly outlining the issues and your expectations for corrections.

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

Florida Property Management

Professional Leasing and Tenant Placement A full-service property management company will find and place a qualified tenant for your Boca Raton rental property. When a property manager is keeping a close eye on the functions of your home, you’ll have fewer surprises and less expensive repairs.

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New Laws for LA Landlords

Real Property Management Choice

Are you a rental property owner in Westside or South Bay Los Angeles? 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. Well, if so there are a few new laws that you should be aware of.

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

MRI Software

Owning rental properties can be rewarding, but without the right insurance, a single incident could cost you thousands of dollars. If youre renting out a residential property, protecting your investment isnt just smartits essential. It protects against risks like fire and theft but doesnt extend to rental properties.

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Smooth Move-ins and Move-outs: Gardena Property Managers Streamline the Process

Real Property Management Choice

The process of moving in and out of a rental property can be challenging for both tenants and landlords, but it doesn’t have to be. As Gardena property managers , we have some systems in place that allow for both the move-in and the move-out to be automated, efficient, and easy.

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45 Questions to Ask Short Term Rental Management Companies

Renjoy

Owning a vacation rental property can be a rewarding investment, but managing it effectively requires time, expertise, and resources. This is where a vacation rental management company can step in to handle the day-to-day operations, maximize bookings, and ensure a seamless guest experience. Communication and response time!