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Run better HOA board meetings: Tips and tools for association managers

Buildium

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. This position also involves preparing financial reports, managing contracts, and keeping all communication channels open and effective.

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

Buildium

eFiling through property management software can make each step of the process easier, allowing you to fill out 1099s in minutes and get them postmarked the same day. This not only speeds up the process for property managers, but also reduces the time and effort vendors, owners, and other partners have to spend.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Advertising to influence government legislation, however, is never deductible. Having property management software with accounting features can help you do that. Tracking every travel, marketing, legal, and vendor expense will pay off in the number of deductions you can take.

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Navigating the Landscape: Discover Multifamily Property for Sale with Expert Insights

American Apartment Owners Association

Financing Options Explore diverse financing avenues, including insights on how to buy a multifamily property with no money down, to kickstart your investment journey. Evaluate traditional financing methods, government-backed loans, and private lending options.

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Understanding HOA finances: A practical guide for association managers

Buildium

Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits. From there, your insurance agent can walk you through whether your current coverage is adequate for the property and what the premiums will look like for the upcoming year.

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Property management trends: What to prepare for in 2025

Condo Control

Top goals for 2025 If you care for a governed community, the chances are high that these things are ranked high on your list of goals. #1. Residents Modest portfolio growth Most property management businesses plan to expand their portfolios in the next two years. Efficiency #3. Listen to concerns and answer questions.

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How Everyone Benefits From Strong ESG Practices

Rent Manager

This blog will explore the challenges renters face, the importance of strong Environmental, Social, and Governance (ESG) […] The post How Everyone Benefits From Strong ESG Practices appeared first on Rent Manager Property Management Software.