Remove 2018 Remove Property Remove Rent
article thumbnail

Tenant Owes $21,000 in Late Fees: Court Rules in Landlord’s Favor

American Apartment Owners Association

In a ruling that could reshape how landlords approach late rent fees, the Kansas Supreme Court last week upheld a district court’s decision requiring a tenant to pay over $21,000 in late fees for missed rent payments dating back to 2020. The district court ruled that Foster owed $5,700 in unpaid rent and $21,240 in late fees.

article thumbnail

Top 50 vacation rental management companies in 2025 (worldwide)

Rentals United

The Rentals United Worlds Top 50 Property Managers is our annual ranking of the largest most industry-redefining vacation rental companies worldwide. The top 50 is the definitive ranking of the largest short-term rental property managers in the world by number of properties, compiled and published annually by Rentals United.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The tax cuts and jobs act is set to end—Here’s what it means for property managers in 2025

Buildium

Since 2018, property managers have been able to take advantage of various tax breaks authorized by the Tax Cuts and Jobs Act (TCJA). But which TCJA provisions impact property managers? It took effect in 2018 with the goal of stimulating economic growth and creating new jobs by lowering taxes on individuals and businesses.

article thumbnail

Fires and floods are eviscerating US communities, intensifying the housing crisis

American Apartment Owners Association

There’s a great anxiety from … property owners on whether they will be insured or covered when another wildfire or a similar event costs them their home, and whether it’s worth it to rebuild and start over,” Alvarado told Stateline in December. If we had needed to rent or find a less-central location, the response would have been slower.”

article thumbnail

Top 10 property management tax deductions for 2025

Buildium

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.

article thumbnail

Rent Collection: What The Best Property Managers Do To Get The Most Money For Their Client

Property Management Inc.

October 9, 2018 Maintaining a reliable cash flow is key to obtaining maximum profit for rental property owners and the greatest factor in reliable cash flow is the ability to consistently collect rent on time. These steps are effectively marketing and advertising the rental property and performing a thorough tenant screening.

article thumbnail

Seattle Hires Law Firm To Defend Against Landlord Lawsuit

Rental Housing Journal

The City of Seattle has hired a law firm to defend against a Seattle real estate investor suit alleging the city “destroyed” its ability to sustainably operate an affordable apartment property in the Chinatown International District, according to reports. The suit claims this is a “taking” of the landlord’s property.