Rentec Direct

DECEMBER 30, 2024

Rental real estate offers favorable tax advantages compared to other types of investments. One of the biggest benefits of owning rental property come tax time are the special opportunities to deduct expenses related to your rental property and rental income. When you rent a property to others as a landlord or real estate investor, you […] The post Tax Tips for Rental Properties – Rental Income and Deductions for Landlords appeared first on Rentec Direct Blog.

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Rental Income Landlord Rental Property Property Rental 306

American Apartment Owners Association

NOVEMBER 25, 2024

As the demand for housing continues to rise, property managers face the dual responsibility of maintaining occupancy standards and adhering to fair housing regulations. Occupancy limits are a fundamental tool used to ensure the safety, comfort, and well-being of residents while safeguarding property integrity. However, enforcing these limits while remaining compliant with fair housing laws can present challenges, particularly when requests for reasonable accommodation are involved.

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Compliance Lease Agreement Property Management Property Manager 299

Buildium

DECEMBER 30, 2024

Disclaimer: This blog post is not meant to take the place of the guidance of an accountant or tax professional. Before doing anything tax- or accounting-related, consult a certified accountant. Tax time isnt a once-a-year thing. Its a year-round task you need to stay on top of to keep your business and your owners compliantand to save you and your owners money.

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Property Management Property Manager Management Property 245

Real Property Management Evertrust

DECEMBER 20, 2024

The renter demographic in the U.S. is gradually becoming younger, leading to an increasing demand for eco-friendly living options. This moving pattern offers rental property owners and managers a great prospect to embrace sustainable practices that can benefit the environment – and your bottom line. Removing the environmental impact of your rental property attracts more than just conscientious renters.

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Property Management Property Manager Management Property 246

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Lease

Appfolio

JULY 1, 2024

Are inconsistent trust accounting practices a source of anxiety? Learn how to keep your accounts clean and organized to avoid confusion and build trust with your owners.

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Yardi Breeze

DECEMBER 12, 2024

Important update as of December 12, 2024 A nationwide court order has temporarily put a hold on the requirement for businesses to report Beneficial Ownership Information (BOI) under the Corporate Transparency Act (CTA). This pause gives businesses a temporary break from the reporting requirements discussed in this article. However, the court decision may be temporary, and the reporting rules could be reinstated at any time.

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Compliance Government Property Management Property Manager 246

Rental Choice

NOVEMBER 28, 2024

A lease renewal is a common part of renting. It offers tenants and landlords a chance to continue the tenancy. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. In doing so, you can avoid confusion and misunderstandings. What is a Lease Renewal? A lease renewal is an agreement between the tenant and the landlord to renew the lease.

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Lease Landlord Tenant Rent 246

ADDA

NOVEMBER 28, 2024

Celebrating 15 years of ADDA 15 Years. Many Moments. Endless Gratitude. From simplifying Community Management across India, to becoming a trusted name in UAE, Singapore, Mauritius and USA — our vision of Happy Community Living has spread worldwide. Join us on a walk down memory lane capturing 15 years of milestones, relentless innovation, and dedication to our customers: 15 Years of ADDA.

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Management IT 246

HOA Managememt

NOVEMBER 28, 2024

With the rise of social media, HOA board members often find themselves navigating online communication. Social media can be a useful tool to keep homeowners informed and engaged. However, it can also lead to miscommunication, conflicts, or even legal issues if not handled properly. This has led many to wonder whether or not there should be a social media code of conduct for HOA board members.

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Media Consulting Government Compliance 246

Fourandhalf

DECEMBER 19, 2024

Its been a long time since we put out an episode of The Property Management Show and today were excited to talk with RoDevia Brigham, the founder and CEO of Proposabid. The vendor bidding process is an entire industry on its own, and this is a topic we have not covered before on the podcast. Introducing RoDevia and Proposabid Proposabid does bids and estimations for properties and repairs across US.

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Property Management Property Manager Management Property 241

Rentec Direct

NOVEMBER 20, 2024

If you are a real estate investor who is choosing to self-manage your rental properties, there are specific planning and research tasks you should consider. This overview of essential planning tasks for landlords will help you ensure a successful rental business. Key Ideas: Taking the first steps to manage your rental property as a DIY […] The post 5 Essential Planning Tasks for Landlords appeared first on Rentec Direct Blog.

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Landlord Rental Property Real Estate Management 303

American Apartment Owners Association

DECEMBER 23, 2024

Smoking and housing policies often intersect in ways that raise questions about resident rights and property management responsibilities. One common point of confusion is whether smoking or nicotine addiction qualifies as a disability under the Fair Housing Act (FHA). While marijuana use for medical purposes introduces its own complexities, this article will focus specifically on cigarette smoking and how the FHA applies in these cases.

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Property Management Property Manager Regulation Property 258

Buildium

DECEMBER 23, 2024

More and more property managers are finding their clientele shifting from accidental landlords to strategically minded rental real estate investors. And they’re relying on the property management companies they hire to help them make the most of their investments. They’re looking for property managers with a deep knowledge of their market, the most effective investment strategies, and the tax and compliance laws they need to follow.

Property Management 246

Property Management Property Manager Property Management 246

Real Property Management Evertrust

DECEMBER 6, 2024

Effective property management hinges on regular maintenance, as every successful rental property owner knows. Proactive upkeep schedules are vital for avoiding high repair costs and ensuring tenant happiness and loyalty. Addressing upkeep proactively helps maintain property safety, appeal, and occupancy while enhancing its value. Discover how to create an effective maintenance schedule and leverage technology for smoother implementation.

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Maintenance Property Property Management Property Manager 246

Condo Control

NOVEMBER 21, 2024

Change is easier when your community is prepared for it. New legislation impacting condo and HOA communities has been passed in several U.S. states, affecting everything from electronic voting to accessible parking. Check out the new laws that have come into effect in 2025. California Florida Illinois You can also check out laws that came into effect in 2024 and previous years for each state.

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Electronics Condominium Government Litigation 246

Appfolio

NOVEMBER 19, 2024

From communication preferences to key performance indicators and far beyond, uncover the secrets to property owner satisfaction in our Real Estate Owner Preferences Report. Gain insights into what owners really want, how to deliver exceptional service, and elevate your property management business.

Property 245

Property Real Estate Property Management Property Manager 245

Real Property Management Chicago

DECEMBER 20, 2024

As a rental property owner, you are already familiar that renter retention is one of the critical elements to long-term success. Not only do high turnover rates increase costs, but they can also obstruct the stability of your investment property in other aspects. Because of this, resident retention should be a key priority for landlords and rental property owners alike.

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Lease Landlord Rental Property Property Management 236

BetterWho

DECEMBER 3, 2024

Expert Advice for Property Managers Managing rental properties can feel like spinning a dozen plates at once. Between keeping tenants happy, maintaining properties, and marketing your services, the job demands a unique mix of organizational skills and creativity. Whether you’re a seasoned professional or just starting, having actionable advice for property managers can help you optimize your operations and thrive in a competitive market.

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Property Management Property Manager Management Consulting 238

Rental Choice

SEPTEMBER 25, 2024

Credit checks are handy screening tools that provide landlords with more insight into the tenant’s financial history and responsibility. What does a landlord look for in a credit check? Should tenants have a certain credit score or history to find a place? Let’s find out. Why are Credit Checks Important? Credit checks are an important part of the tenant screening process.

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Landlord Tenant Rental Property Rental Property Management 246

HOA Managememt

SEPTEMBER 30, 2024

An HOA reserve deficit harms both the association and the homeowners who comprise it. Unfortunately, far too many HOAs have underfunded reserves or, worse yet, no reserves at all. While it may not seem like it initially, the ramifications of a reserve deficit can have a long-lasting negative impact. What is a Reserve Deficit? Homeowners associations are responsible for budgeting, accounting, and financial management.

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Finance IT Management Government 246

Fourandhalf

DECEMBER 31, 2024

Can vendor bidding solutions like RoDevia Brighams Proposabid create more transparency and detect fraud? Thats where we left off during Part 1 of this discussion on The Property Management Show. Lets pick up the conversation about how the bidding process is broken, and how property managers can avoid wasting time and money. Heres Part 2. How has Proposabid Contributed to Fraud Detection?

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Property Management Property Manager Management Property 231

Rentec Direct

DECEMBER 2, 2024

Hoping to fill your rental vacancies before the holidays? Facing a vacancy during the slower moving seasons can spell trouble for your bottom line, but a few thoughtful strategies can get a great tenant into your rental just in time to allow them to fully enjoy the holiday celebrations in their new home. As holidays […] The post 5 Tips to Fill Rental Vacancies Before the Holidays appeared first on Rentec Direct Blog.

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Tenant Education Landlord Property Management 299

American Apartment Owners Association

DECEMBER 16, 2024

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours notice before entering, respecting tenants privacy and adhering to specific state laws regarding entry reasons and times. This raises the question of whether a landlord can let themselves in without the tenants permission.

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Landlord Lease Agreement Tenant Lease 246

Buildium

DECEMBER 18, 2024

No matter what stage your business is at, this post can help you learn what property management certifications and licenses out there, who administers them, and how they can help you boost your career.

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Property Management Property Manager Management License 246

Real Property Management Evertrust

NOVEMBER 22, 2024

Unexpected crises – an inevitable tragedy, protracted power outage, or emergency maintenances – can create major disruptions for rental properties. For property owners, these incidents can bring about property damage, renter displacement, and costly repairs. For renters, a disaster could initiate the devastating loss of their houses, belongings, and so on.

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Rental Property Management Insurance Property 244

Genuine Property Management

OCTOBER 6, 2024

Every owner of a rental property wants to keep it as clean and livable as possible. One never knows when a current tenant will decide to leave, and it has to be shown again for potential new residents. The last thing a landlord wants to discover is damage from cigarette and marijuana smoking. It is […] The post How to Prove Your Tenants Are Smoking in Their Unit appeared first on Welcome to Genuine Property Management.

Tenant 245

Tenant Landlord Property Management Property Manager 245

Appfolio

NOVEMBER 4, 2024

Explore how renter preferences have shifted in multifamily property management. Plus, get actionable insights on how to utilize property management technology such as AI to improve renter experiences and stay competitive.

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Property Management Property Manager Management Utilities 246

Real Property Management Chicago

NOVEMBER 22, 2024

The swift change in the rental property management industry is no surprise. New advanced technologies, fluctuating renter demographics, and unstable market dynamics are part of what is driving this development. All of these factors, taken together, have lastingly altered the property management landscape. As a professional in the industry, staying ahead of the trends is imperative.

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Property Management Property Manager Management Property 241

Condo Control

NOVEMBER 12, 2024

The Corporate Transparency Act (CTA) aims to help detect and combat money laundering and terrorist finance, facilitate tracking money that has been sourced through criminal or terrorist activity, and safeguard national security and the U.S. financial system. This act came into effect in January of 2024, and businesses that meet certain criteria are expected to file a Beneficial Ownership Information (BOI) report to the U.S.

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Government License Condominium Electronics 233

BetterWho

SEPTEMBER 21, 2024

Retaining good tenants goes beyond convenience—it impacts your bottom line. High turnover can drain your finances and disrupt your property management workflow. The cost of turnover adds up. You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., means that keeping your tenants happy is very important.

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Property Management Property Manager Tenant Management 233

HOA Managememt

AUGUST 8, 2024

What happens to an HOA with no board? The HOA board plays a critical role in the continued success of an association. When board seats remain empty, the association would essentially stop functioning. This will leave the residents and the community in a dire situation. The Importance of an HOA Board of Directors Every homeowners association has a board of directors elected by the members.

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Education Government Management IT 246

Fourandhalf

DECEMBER 3, 2024

Converting leads into loyal clients hinges on having an effective lead follow-up strategy. Without one, even the best marketing techniques to generate leads—whether through social media, pay-per-click ads, or search engine optimization—can fall flat, simply becoming costly efforts with little return. But with a proactive approach, you can increase conversions for your property management company and make those marketing dollars work harder for you.

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Property Management Property Manager Management Property 224

Rentec Direct

NOVEMBER 25, 2024

Holiday safety tips for your tenants are vital to pass along to protect your tenants, their guests, and your property. From kitchen fires to decoration safety, there are a lot of things that can result in an emergency if left unchecked. Use your tenant newsletter, a text message or a quick email to offer these […] The post Holiday Safety Tips for Your Tenants appeared first on Rentec Direct Blog.

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Tenant Property Education Landlord 299

American Apartment Owners Association

DECEMBER 18, 2024

Written by Jason Malabute , CPA As a CPA with a focus on real estate investors and a real estate investor myself, Ive experienced firsthand how valuable it is to qualify as a real estate professional under the tax code. This isnt just a theoretical advantageits a powerful tool that can significantly impact your financial picture. Both for my clients and my own portfolio, achieving real estate professional status (REPS) has been an essential strategy for reducing taxable income and creating oppor

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Real Estate Single-Family Home Contractors Rental Property 244

Buildium

DECEMBER 17, 2024

Property managers are engaged in a service business, which means theyre entitled to the full array of business-related tax deductions. Almost everything you buy for your business is tax deductible sooner or later, so long as it is ordinary and necessary and the cost is not unreasonable. Property management tax deductions can really add up. For example, if you buy a $2,000 computer and use it 100% for your business, you could deduct the full cost from your taxes.

Property Management 246

Property Management Property Manager Management Property 246

Real Property Management Evertrust

NOVEMBER 7, 2024

If you own a rental property in a region with snowy winters, you may be contemplating how to cope with the responsibility of snow removal. The regulations regarding snow removal for rental property owners are quite extensive and even intricate. Consequently, you need to assign snow removal responsibilities well in advance of the initial snowfall. Who is responsible for this task – you or your tenant?

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Tenant Landlord Property Management Property Manager 228