2018 Attorney Property 
American Apartment Owners Association
JULY 31, 2025
Foster had rented a single-family home from landlord John Schutt starting in 2018 for $1,900 per month. Schutt, in turn, was ordered to pay Foster $545 for unpaid wages related to property renovations she had managed for him. Had Foster’s attorney properly raised the issue earlier, the outcome could have been very different.
Buildium
DECEMBER 17, 2024
Property managers are engaged in a service business, which means theyre entitled to the full array of business-related tax deductions. Property management tax deductions can really add up. So what else can property managers deduct from their taxes? Weve rounded up ten of the most common property management tax deductions: 1.
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Condo Control
NOVEMBER 21, 2024
Owners can add an ADU and sell it as a second living space An HOA owner may add an Accessory Dwelling Unit to their property, and may be able to sell it to someone else if certain requirements are met. of the Illinois Condominium Property Act (unit resales) from 30 to 10 business days. The HOA must keep records of its correspondence.
Property Management Inc.
NOVEMBER 26, 2024
April 10, 2018 By Cassie James, PMI Communications Manager Tax season can be stressful for solo entrepreneurs and landlords. If you own residential property, you are aware that there are a number of unavoidable costs and expenses that go along with the territory.
Property Management Inc.
NOVEMBER 26, 2024
The property owner thinks you made a mistake and wants an explanation you don’t have. According to a July 2018 survey by Apartment List, 6.4 Whether you’re managing properties for yourself or as a professional property manager, taking precautions to avoid being scammed is worth your while. million U.S.
Condo Control
NOVEMBER 11, 2024
The association must compute the estimated replacement reserves by a formula that is based on the estimated life and the estimated capital expenditure or major maintenance required for each part of the property. Updated reserve studies are to be completed at least every five years thereafter.
Property Management Inc.
NOVEMBER 26, 2024
The FCAR Researches Aging Infrastructure Because aging infrastructure has been a problem for many HOAs, the Foundation for Community Association Research (FCAR) did some research in 2018 to find some answers that could help HOAs move forward. ” The survey revealed a lot of data. So, be sure to vet your vendors carefully.
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