Remove Attorney Remove Consulting Remove Transportation
article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area. After you and the seller agree upon a price, you will hire professionals, such as property inspectors and real estate attorneys, to conduct thorough inspections and provide legal guidance.

article thumbnail

6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Before doing anything tax- or accounting-related, consult a certified accountant. And, of course, consult a CPA to determine which deductions your business is eligible for. You can also deduct your expenses such as airfare, transportation, and hotel when you go out of town for business. Tax time isnt a once-a-year thing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 10 property management tax deductions for 2025

Buildium

Those expenses include airfare or other transportation costs and hotel or other lodging expenses. 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.

article thumbnail

After a Wildfire: Essential Steps for Property Recovery

Beach Front Property Management

These policies may also cover the “loss of use” of your home and additional living expenses (ALE), including rent, hotel stays, meals, transportation, clothing, and other costs, up to a limit, if the fire makes your home uninhabitable or inaccessible. You can also file a complaint with your states Department of Insurance.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area. After you and the seller agree upon a price, you will hire professionals, such as property inspectors and real estate attorneys, to conduct thorough inspections and provide legal guidance.

article thumbnail

Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

Maybe additional public transportation options for improved walkability? AAOA recommends you consult with an attorney familiar with current federal, state and local laws. This can raise the rental property value, which can be reflected in your monthly rent. Neighborhood upgrades. Are new businesses popping up nearby?

article thumbnail

Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

Maybe additional public transportation options for improved walkability? AAOA recommends you consult with an attorney familiar with current federal, state and local laws. This can raise the rental property value, which can be reflected in your monthly rent. Neighborhood upgrades. Are new businesses popping up nearby?