Remove Finance Remove Government Remove License
article thumbnail

The Corporate Transparency Act – should your association wait to file a report?

Condo Control

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. The federal government appealed the decision​​​ on March 11. financial system.

article thumbnail

5 ways for high rise condominiums to save money in 2025

Condo Control

This includes things like: professional/management fees legal fees permits and taxes office rent office equipment and supplies accounting fees licenses bank or loan fees events Depending on the type of community you manage, annual administrative costs can easily add up to $5,500 per unit, or $1.65 million for a 300-unit building.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Return on Investment for Properties in South Florida

Florida Property Management

You can see that up to this point we have done the analysis before tax and before financing. Financing has nothing to do with property value at this point and we will analyze the effects and pros and cons of financing a real estate investment. Usually we perform analysis before and after tax but we will discuss in another blog.

article thumbnail

Occupancy Cost in the Short-Term Rental Market

Hospitable

It refers to the expenses related to acquiring, maintaining, and financing a property or a rental property. Property taxes are imposed by local governments based on the assessed value of the property. In short-term rentals, occupancy costs include expenses associated with maintaining and operating a vacation rental property.

article thumbnail

Understanding Occupancy Cost in Short-Term Rentals

Host Tools

For short-term rentals, occupancy costs typically include: Mortgage or Rent Payments If you’re financing your commercial property or using the rental arbitrage model, this will likely be your most significant recurring expense. Property taxes Your local government determines these based on the assessed value of your property.

article thumbnail

Los Angeles Landlords and Rental Investors Must Know About Los Angeles Rent Control Ordinance

Real Property Management Choice

#1: OBTAIN YOUR BUSINESS LICENSE As a property owner, if you are renting four or more units in the city of Los Angeles, you are required to obtain a business license from the city’s Office of Finance. The initial set up to register your business is free and can accomplished online at www.finance.lacity.org. Exempt Units 1.

Rent 52
article thumbnail

The Best Short-Term Investments: Real Estate & More

SparkRental

At the same time, Treasury bills and Treasury Inflation-Protected Securities (TIPS) provide slightly higher yields with government-backed security, albeit still susceptible to inflation risks. Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. dividend yield — not too shabby.