article thumbnail

6 Benefits of Owning A Home in Philadelphia

Bay Property Management Group

Public Transportation & Walkability Benefits One of the best benefits of owning a home in Philadelphia is that you dont need a car to get around. Phillys public transportation systemSEPTAmakes commuting pretty simple, whether youre hopping on a bus, subway, or trolley.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Location This is the most crucial factor when judging a possible multifamily purchase as it significantly impacts rental demand and property value.Consider the buildings proximity to amenities, public transportation, employment centers and whether there are any environmental concerns.

Property 200
Insiders

Sign Up for our Newsletter

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

article thumbnail

Long Beach Real Estate: Hidden Gems for Property Investors

Beach Front Property Management

The city has invested in infrastructure, public transportation, and commercial projects, making it a desirable place to live and work. Regulations on short-term rentals –Investors should check zoning laws forrental properties. Luxury living appeal – The upscale market attracts high-income buyers and residents.

article thumbnail

The Growing Demand for Short-Term Rentals in Multifamily Properties

Beach Front Property Management

Easy access to transportation, business hubs, and entertainment increases occupancy rates. Understanding short-term rental market data helps property owners navigate regulations and maintain positive community relations. Shared services improve operational efficiency and reduce overhead costs.

Property 147
article thumbnail

Navigating Unreasonable Accommodation Requests: Finding Fair Solutions

American Apartment Owners Association

Fundamental Alterations: A request that requires the property to provide services beyond its typical offeringssuch as providing specialized transportation or personal caregivingis often classified as unreasonable. Property managers are not required to alter the fundamental nature of their operations to accommodate a resident.

article thumbnail

Top 10 property management tax deductions for 2025

Buildium

Those expenses include airfare or other transportation costs and hotel or other lodging expenses. Under IRS regulations, any personal property you buy for your business that costs less than $200 is deductible as materials and supplies. For the ins and outs on taking the home office deduction, see my book Home Business Tax Deductions.

article thumbnail

How to Manage a Short-Term Rental Property

AirKeeper

Include information about nearby attractions, dining options, and transportation to make your listing stand out. Familiarise yourself with local regulations, including taxation, permit requirements, and occupancy limits. Ensure you comply with tax obligations, such as tourism levies or income taxes related to rental income.