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Effective asset management property maintenance: Strategies for property managers

Buildium

Asset Management Property Maintenance vs. General Property Management Maintenance Asset management property maintenance focuses on the long-term sustainability and value enhancement of properties. Introducing software and other technology can also optimize maintenance management.

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

Buildium

With so much on the horizon for property managers, property management tax reporting, may be the last thing on their minds. 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.

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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. In this guide, well break down everything you need to know about landlord insurance.

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Building Your Colorado Springs Dream Team: Essential Professionals for Investors

Muldoon Associates

Building a robust network of contacts, including fellow investors, real estate agents, financial advisors, and contractors, can provide numerous advantages. Their network of contacts further facilitates connections with other professionals, such as lenders, inspectors, and contractors, enriching your investment ecosystem.

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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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Tax Deductions for Landlords

Authority Property Management

As a landlord, if you are looking to make a profit off your rental properties rather than lose money, it is vitally important that you take advantage of the tax deductions that are available to you every year when you file your taxes. This can include insurance for fires, flooding, or theft.

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Indianapolis Handrail Laws and Ordinances Landlords Need to Know

T&H Realty

Insurance Issues: Non-compliance could affect property insurance claims or premiums. Hire Professionals for Repairs For installation or repairs, use licensed contractors familiar with local building codes. If the idea of figuring this all out yourself is overwhelming, it may be time for a property manager.