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Are Housing Societies Taxable? Income Tax Rules Every RWA and Apartment Association Must Know

ADDA

The Supreme Court ruled in Venkatesh Premises Co-op Society Ltd vs. ITO (2018) that this money is a pooled contribution used for self-benefit rather than income. Investment income compliance is made easier if funds are held in cooperative institutions. What are the usual tax compliance requirements for RWAs? A grave error.

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Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

Officially known as the Justice for Renters Act, this proposition aims to expand rent control statewide, giving cities and counties the power to regulate rents more extensively. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. Similar propositions were defeated in 2018 and 2020.

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Understanding Reasonable Accommodation for Disabled Renters

Real Property Management DC Metro

By way of example, if you have a resident with a mental disability that badly affects their memory, they might request that you call them each month to, at a proper time, remind them to pay their rent. We can largely help you thoroughly understand these rules to ensure compliance when renting to individuals with disabilities.

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Single-Family Property Management Service Trends for 2022

Propertyware

Owners look to property managers to help them navigate myriad new laws and restrictions, while calming fears of income loss from delinquent rents. On the Owner Side Rental owners, overall, looked to their property managers to take on a larger role, beyond rent collection and maintenance.