Buildium

DECEMBER 17, 2024

For the ins and outs on taking the home office deduction, see my book Home Business Tax Deductions. Deductions on Legal and Professional Services You can deduct fees that you pay to attorneys, accountants, consultants, and other professionals if the fees are paid for work related to your business.

Property Management

Buildium

OCTOBER 21, 2024

You’ll also need to budget for attorney fees. Review how many hours your association’s attorney typically bills each month so you can plan for those expenses accordingly. It’s also a good idea to contract out to third-party services, such as an attorney, when things escalate beyond reminders and fees.

Finance

Buildium

DECEMBER 30, 2024

Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business. To learn how Buildium can help you start keeping an accurate chart of accounts and keep your books tax compliant, sign up for a free trial , or schedule a demo.

Property Management

Condo Control

NOVEMBER 21, 2024

2020 Arizona Lien for assessment, collecting late fees Except for condos that have fewer than 50 units and do not have a third-party manager working for them, the association shall provide a statement of account in lieu of a periodic payment book to owners with the same frequency that assessments are provided for in the declaration.

Condominium

Appfolio

JULY 13, 2020

Be sure to check federal and state resources online or consult an attorney if you’re unsure about what needs to be updated. AppFolio’s AI Leasing Agent, Lisa works around the clock to thoughtfully respond to each and every renter and automatically book showings so you can fill vacancies faster. During Leasing Season.

Lease

Muldoon Associates

DECEMBER 5, 2024

Professional Partners: Real Estate Attorneys and Accountants Legal issues can quickly derail a real estate transaction. A real estate attorney ensures that all legal aspects of your deals are in order, from contract reviews to navigating zoning laws. Their expertise can save you from costly mistakes and provide peace of mind.

Contractors

Hospitable

DECEMBER 20, 2024

US Short-Term Rental Tax FAQs By The Hospitable Team Industry Insights In this episode of the Hospitable Hosts podcast, our special guest is Jeff Cottle , a Senior Attorney at Anderson Business Advisors. In this e-book, we cover: Decisions to make and things to check before you start. And you may even have a parent company underneath.

Attorney

Host Tools

JANUARY 8, 2025

More space than condos Unlike studio apartments or condos, townhomes often provide more square footage, multiple bedrooms, and floors, making them ideal for group or family bookings. If you’re already invested, Hire an attorney or local consultant who specializes in rental compliance.

Airbnb

Host Tools

DECEMBER 26, 2024

Working with a local attorney can help ensure youre on the right side of the law and avoid costly mistakes. Design and Layout: Properties with multiple bedrooms, modern amenities, and Instagram-worthy aesthetics tend to attract more bookings. Check proximity to tourist attractions or business hubs.

Rental Property

Thanks For Visiting

OCTOBER 3, 2024

We held detailed discussions, sometimes with our attorney present, to hash out potential scenarios. Annette, with her financial acumen, took the lead on budgeting, financial modeling, and managing the books. While many advise against mixing business with friends and family, I’ve found it can be incredibly rewarding.

Airbnb

Real Property Management California Coast

FEBRUARY 18, 2022

Even though quite a lot of federal laws will have a bearing on rental properties nationwide, the majority of the laws that you are obliged to be familiar with are those on the books of your state, county, or even city. Voluntary transfers of ownership are those that emerge when a rental property is bought off.

Real Estate

Real Property Management DC Metro

FEBRUARY 17, 2022

Notwithstanding that quite a few federal laws can be relevant to rental properties nationwide, almost every one of the laws that you will be required to comprehend are those on the books of your state, county, or even city. Voluntary transfers of ownership are those that actually transpire when a rental property is bought off.

Real Estate

Thanks For Visiting

JANUARY 1, 2025

Contracts to Set Boundaries Always seek expert advice (accountants, attorneys) before any business agreements. While you can download all the easy to consume, step-by-step tips we use in our own hosting business and create the ultimate “book” the Hosting Handbook is so much more than that!

Airbnb

AirHost Academy

NOVEMBER 14, 2023

Make Your Airbnb Business Legal Before you list your property, we recommend you consult a business attorney to set your Airbnb business up for success. They charge a 3% fee of the booking subtotal for most hosts. Keep your booking calendar up to date. Automate as much of the booking process as possible.

Airbnb

Florida Property Management

SEPTEMBER 11, 2023

Attending landlord-tenant workshops, reading books, and networking with experienced investors can help bridge the knowledge gap. It's also advisable to consult with an attorney or a property management professional who can provide guidance and ensure compliance with relevant laws.

Management

Rental Housing Journal

NOVEMBER 17, 2024

We live in a very litigious world; attorneys are more aggressive than they have ever been, and did you know there are organizations that fund lawsuits? As a cyclist, who occasionally ventures out on the road, if I am hit as a cyclist/pedestrian and seriously injured, I can claim under my umbrella UM/UIM coverage.

Insurance

Thanks For Visiting

DECEMBER 26, 2024

Check with local governments or attorneys about guest service animal rights. While you can download all the easy to consume, step-by-step tips we use in our own hosting business and create the ultimate “book” the Hosting Handbook is so much more than that! Make special notes.

Airbnb

Second Nature

OCTOBER 18, 2024

We’ve also seen a lot of potential sellers stall in early discussions because they want to wait to get their shop in order, implement new initiatives, or clean up their books. In this case, the buyer buys your “book of business.” It isn’t always necessary, and trust me, we’ve seen it all.” Asset sale, also known as Goodwill.

Property Management

SparkRental

NOVEMBER 14, 2024

In contrast, keeping track of dozens of monthly mortgage payments can confuse you and your books. Many portfolio lenders — who keep their loans in-house on their books rather than selling them — don’t allow them either. This is where having a good real estate attorney pays off – have them review everything before you sign.

IT

Condo Control

FEBRUARY 13, 2025

There are hosting fees and maintenance fees to consider in addition to the initial cost of the site Has the board spoken with an attorney about the website and what information should be gated? From there, they can make online payments, book amenities, submit service requests/ architectural change forms and much more.

Government

Hospitable

FEBRUARY 17, 2025

Booking details : The contract should outline the booking details: booking duration, dates, number of guests, check-in & check-out times, etc. Fees: Outline the booking cost and any associated fees, e.g., cleaning and maintenance. Location: Address must be included. Parking : Add parking rules and instructions.

Airbnb