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Washington State Rent Control: What Multifamily Property Owners and Investors Need to Know Now

Rental Housing Journal

Practical Scenarios Here are three examples of how HB 1217 may affect different types of multifamily properties: Scenario 1: Private Off-Campus Student Housing Nearing Year 13 An owner of a private, off-campus student housing property in Washington built in 2013 is nearing year 13, when it will become subject to HB 1217’s rent caps.

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Demand, Supply and Uncertainty Weaken June Rent Growth

Rental Housing Journal

In the seven years between 2013 and 2019, advertised rents grew on average by 1.8% Yardi Matrix says more than 250,000 apartment units were absorbed through May, per Matrix, putting the market on track for another year of robust demand. The average U.S. Advertised rents rose 0.7% during the second quarter and 1.2% population.

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Vacation Rental Host Mistake: Not Automating Everything You Can

Beyond

FREE REPORT The Rise of the Stays Industry Get It Now All posts Vacation Rental Host Mistake: Not Automating Everything You Can RACHEL SCOTT October 20, 2023 As a host, one thing you need to understand is that competition among short-term rental properties is incredibly high. ‍ Want to know more host mistakes? No items found.

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You Might Be Owed a Tax Refund—But the IRS Will Keep It If You Miss This Hidden Deadline

American Apartment Owners Association

Email: jason@malabutecpa.com Website: [link] Instagram: @realestatetaxpro_official Jason has been in the accounting industry since 2013. Since 2019, he has built a diverse portfolio that includes out-of-state rental properties, single-family homes, and large multi-family deals. About the Author: Jason Malabute, CPA Questions?

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How to Obtain “Real Estate Professional Status”: A Major Tax-Saving Opportunity

American Apartment Owners Association

At its core, this status allows investors to reclassify their rental property activities from passive to non-passive. Without REPS, the depreciation and other losses from your rental properties would only offset income from other passive investments. Normally, passive losses can only offset passive income.

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How to Obtain “Real Estate Professional Status”: A Major Tax-Saving Opportunity

American Apartment Owners Association

At its core, this status allows investors to reclassify their rental property activities from passive to non-passive. Without REPS, the depreciation and other losses from your rental properties would only offset income from other passive investments. Normally, passive losses can only offset passive income.

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Real Property Management is Growing Growing Growing…

Real Property Management DC Metro

The Real Property Management DC office will manage all rental in the DC Metro area. With a staff of 3 and multiple other vendors, we are ready to assist investors with their rental properties. Weather your property is vacant, occupied, need maintenance, or you are looking to buy investments, we can help.