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

Buildium

Property managers are going to be busy in 2025. According to our 2025 Property Management Industry Report , 91% of property managers we surveyed plan to expand their portfolios in the next two years. But it’s still an essential part of 2025 planning.

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What Do You Need to Know About Homeowners’ Insurance and Wildfire Coverage?

Beach Front Property Management

It also covers personal belongings inside the home, such as furniture, electronics, clothing, and appliances. Renters Insurance While a landlords insurance covers the building, it does not cover residents’ personal property. Renters insurance protects belongings like electronics, clothing, and furniture damaged by fire.

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What Single-Family Rental Property Owners Need to Know About Proptech

Real Property Management Chicago

Suppose you’re a single-family Palatine rental property owner. In that case, you have to find tenants, keep track of payments and repairs, and manage all the other aspects of owning and managing rental property. How can proptech help landlords manage their properties more efficiently and effectively?

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Enhancing Rental Property Marketing with Virtual Tours

Real Property Management Chicago

You should understand, as the proprietor of a rental property, the significance of marketing when it comes to locating ideal tenants. We’ll go over the advantages of virtual tours for your rental property marketing and the reasons why you, as the owner, should utilize them in the paragraphs that follow. Convenience.

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What’s the Best Way to Collect Rent from My Chicago Tenants?

Real Property Management Chicago

Though, to have those payments, property owners first will have to opt for how that rent should be paid. But in fact, the best ones are those that fit your style of property management and your tenant’s wants and needs. Getting a payment method that can grant both is important for a well-managed rental property.

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Short Term Rental Tariffs Explained

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They include a 10% tariff on furniture, linens, and electronics from China. This impacts costs, whether it’s your rental property or your common household items. Appliances and Electronics The majority of appliances and electronic devices originate from China and Mexico. Costs often do, as well.

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Maximize Your Moving Sale: 10 Steps for Success

Real Property Management Chicago

If you reside in a rental property, you must inform your landlord so that they can approve the event and provide the essential permits. Accept Multiple Forms of Payment You should be prepared to accept a variety of payment methods, including cash, credit cards, and even electronic payments like Venmo.