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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Insurance Insurance you buy for your business, such as business liability or property insurance. If you have a home office, you can deduct some of your homeowner’s insurance. When you hire an independent contractor, that cost is deductible, too. This deduction is scheduled to end on Jan.

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Bill 30 could make condo living easier in Alberta

Condo Control

Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act. Below is information about the revised chargebacks. (1)

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Addressing the Ongoing Issue of Aging Infrastructure in HOAs

Property Management Inc.

They created a task force “comprising attorneys, reserve specialists, engineers, insurance providers, managers, and bankers, to determine what issues are the most prevalent in failing physical components, and—especially—how associations can prepare themselves to address and resolve these issues when they inevitably arise.”

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Property Management Outsourcing Services: Benefits and Cost

Second Nature

PMCs are delivering resident benefits like credit reporting, renter’s insurance programs, pet guarantees, and more. One of the best ways to offer value without overextending your team is to outsource some of those PM services to PropTech products, contractors, or a fully managed solution. Maintenance and repair.

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HOA Electric Car Charging Policy: Why Have One?

Mem Property Management

As an added requirement, you can stipulate that the plan must have been designed by a licensed and insured contractor. High-rises, in particular, encounter engineering troubles because their infrastructure may not be strong enough. After you have reviewed their application, the installation process may begin.