Remove Lease Remove Maintenance Remove Professional Services
article thumbnail

Multifamily property lease audits: Best practices for landlords

MRI Software

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. What is the purpose of lease audits?

Lease 52
article thumbnail

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

Buildium

You also do not need to file a 1099-NEC form for any maintenance work or other services done by an incorporated business. The W-9 form will give you their filing status and federal tax ID, so you can file your 1099-MISC forms accurately when the time comes. Again, this exemption does not apply to LLCs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

2023 Fall Maintenance Checklist

California Leasing & Management

As the leaves begin to change and the temperatures cool down in LA and Ventura County, it's time for California Leasing Property Management to help you prepare your rental property for fall. HVAC Maintenance: - Have the heating system professionally serviced to ensure it's in optimal condition for the cooler months in LA and Ventura County.

article thumbnail

Terminating a Management Agreement Explained by a Fort Lauderdale Property Manager

Florida Property Management

If you feel like those services aren’t being provided or you’re not getting the value that you’re paying for, it may be time to re-think your relationship. Or, perhaps you are simply doing something else with your investment property and you won’t need professional services anymore.

article thumbnail

Essential Tips for Renting Your Home in the Fall

California Leasing & Management

At California Leasing Property Management, we recommend a few essential maintenance tasks that can help prepare your rental property for fall and make a great impression on prospective tenants. Replace HVAC Air Filters •One of the simplest yet most impactful maintenance tasks is replacing your HVAC air filters.

Rent 52
article thumbnail

Prepare Properties for Rent in Redding CA.

Authority Property Management

Hiring a property management service helps landlords screen and acquire good tenants, coordinate maintenance and repairs, collect and deposit fees, and perform monthly accounting. Property managers inspect previously leased units and issue tenant deposits once rentals pass move-out inspections.

Rent 52
article thumbnail

Why is RPM Choice Different from Others Like Steady Property Management?

Real Property Management Choice

However, it goes beyond simple maintenance. Our team of experts is always ready to provide quick and responsive customer service to maximize income properties. Dealing with defaulters This includes tenants who are in serious breach of their leases as well as late payers.