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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.

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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. The association is required to pay taxes if its annual income, such as interest or rent, surpasses ₹2.5L. What are Housing Societies’ precise income tax slabs?

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Top 50 vacation rental management companies in 2025 (worldwide)

Rentals United

Onefinestays unique approach to short- and medium-term renting appeals to a diverse range of guests, from families to celebrities. Pillow Pillow offers a management solution for owners and managers of multi-family buildings to enable their residents to start renting out their apartments or turn their vacant units into short-term rentals.

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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). It took effect in 2018 with the goal of stimulating economic growth and creating new jobs by lowering taxes on individuals and businesses. What Is the Tax Cuts and Jobs Act?

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

American Apartment Owners Association

A Brookings Institution report published in October 2023 shows that effective rents typically rise 4% after a disaster and remain elevated for at least five years. If we had needed to rent or find a less-central location, the response would have been slower.” Across the U.S., states are grappling with similar challenges.

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Top 10 property management tax deductions for 2025

Buildium

For example, you can deduct the rent and utilities you spend for an outside office or other workspace. This deduction is particularly valuable if you are a renter because it enables you to deduct a portion of your monthly rent, a sizable expense that is ordinarily not deductible. This deduction is scheduled to end on Jan.

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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. Reliable rent collection doesn’t end with signing a reliable tenant.