2024 Contractors Maintenance 
Authority Property Management
FEBRUARY 1, 2025
Signed into law in September 2024, California Assembly Bill 2622 (AB 2622) introduces updates to the Contractors State License Law that directly benefit property owners and renters. AB 2622 raises the dollar threshold for contracting work that does not require a licensed contractor.
Bay Property Management Group
FEBRUARY 26, 2025
After all, hiring contractors is deductible, so shouldnt your own hard work count too? However, there are other ways you can save on your rental expenses, like contractor and material costs. The IRS only allows deductions for real expenseslike paying contractors, buying materials, or hiring property managers.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Buildium
JUNE 17, 2025
Let’s say a contractor in your network informs you that a rental property nearby is about to be listed for sale. According to a 2024 Cost vs. Value report from the Journal of Light COnstruction (JLC), remodeling projects with the highest potential return include garage door replacements (193.9% ROI), entry door replacements (188.1%
T&H Realty
FEBRUARY 10, 2025
The average rent for a single family home in Indianapolis was $1,593 as of Q4 of 2024. Maintenance & Repairs: The price of labor and materials has surged, with some construction materials seeing a 10-20% increase. Operating Expenses: The Profitability Squeeze While home prices have soared, rent growth has barely kept up.
Hospitable
JULY 29, 2025
Starting a Property Management Business In 2024, Waiga decided to launch a property management business. “I At one point, we also handled the cleaning ourselves, but as we grew and learned, we began partnering with other contractors, such as cleaners and maintenance personnel. He put them on Airbnb to get additional income.
Buildium
NOVEMBER 5, 2024
Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. For 2024, the form looks like this: What Is a 1099-NEC form? The IRS makes (typically small) adjustments to the 1099-MISC form each year.
Buildium
OCTOBER 28, 2024
In 2024, tenant quality emerged as the #1 concern for property management companies. Fact #5: Maintenance Costs Are Rising Property management companies see work order management software as the main opportunity for improving property maintenance, a top concern among rental owners and tenants. This comes as U.S.
Expert insights. Personalized for you.
Let's personalize your content