Buildium

APRIL 21, 2025

These types of trust accounts are often prepared by an attorney and come with several pieces of documentation such as notarized trust certification, estate rules, etc; None of which applies to a property management business! Consult your local regulations for specific requirements. What types of funds should be kept in a trust account?

Property Management

Condo Control

MARCH 19, 2025

Find out how an attorney might approach some of the new Florida laws Many owners were excited, or at least optimistic about the possibility of having more freedom and transparency in their neighborhoods. You should always consult with an attorney for advice about specific situations. And its not just HOAs.

Attorney

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. The W-9 form will give you their filing status and federal tax ID, so you can file your 1099-MISC forms accurately when the time comes.

Property Management

Mem Property Management

JANUARY 6, 2025

When crafting your amendments, make sure to consult your associations attorney to help with the wording. This includes damages to any clothes, furniture, electronics, artwork, and other personal items. Some state laws require cooperation from homeowners to make any changes, and homeownerscan even reverse rulesin others.

IT

SparkRental

NOVEMBER 28, 2024

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. Make all payments either electronically or via check. Not only are suits in small claims affordable, but they also offer the option for you to represent yourself with no attorney or legal fees.

Contractors