Yardi Breeze

DECEMBER 12, 2024

The bottom line : protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). The deadline itself hasnt changed.

Compliance 246

Compliance Government Property Management Property Manager 246

BetterWho

MARCH 28, 2025

How RTMs Support Property Management: Administrative Support: Handling lease agreements, tenant screening, and compliance tasks. Impact: Reduces labor costs while maintaining high service levels, allowing management consultants to focus on business growth strategies. Measuring the Impact of AI and Remote Teams in Property Management 1.

Property Management 130

Property Management Property Manager Management Property 130

American Apartment Owners Association

NOVEMBER 15, 2024

Engaging in this kind of dialogue not only shows a willingness to accommodate but also helps ensure compliance with fair housing regulations. Consistency is Key Property managers should establish consistent criteria for evaluating accommodation requests to maintain fairness and compliance with fair housing laws.

Property Management 246

Property Management Property Manager Compliance Transportation 246

BetterWho

OCTOBER 4, 2024

Utilize Compliance Tools Invest in property management software that includes compliance features. Stay Ahead of Compliance Trends Compliance requirements for property managers will only increase, so staying informed about regulatory trends and adopting best practices will be crucial.

Property Management 130

Property Management Property Manager Management IT 130

Buildium

DECEMBER 30, 2024

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. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business.

Property Management 245

Property Management Property Manager Management Property 245

American Apartment Owners Association

JULY 15, 2024

Furthermore, consulting with a fair housing attorney is crucial to establishing a robust, consistent verification process that meets legal standards. This approach ensures compliance and maintains a uniform policy across all resident requests, safeguarding the property management against potential legal challenges.

Property Management 204

Property Management Property Manager Compliance Regulation 204

Bay Property Management Group

MARCH 3, 2025

But what is NOI in real estate, and how does it impact your investments? Keep reading to learn how NOI works, why it matters, and how to calculate it correctly. What is NOI in Real Estate? Net Operating Income, or NOI, is a key metric in real estate that shows how much profit a property generates. Why is NOI Important in Real Estate Investing?

Real Estate 130

Real Estate Rental Income Property Management Property Manager 130

American Apartment Owners Association

DECEMBER 9, 2024

Ensure Compliance with Legal Standards If your tenant engages in illegal activity, it creates a strong basis for eviction, helping you regain control of your property more quickly. Consulting a landlord-tenant lawyer ensures you follow the correct legal steps. Heres how to handle it effectively: 1. Screen Your Tenant Today!

Tenant 246

Tenant Lease Lease Agreement Landlord 246

HOA Managememt

NOVEMBER 28, 2024

Research is key here, and consulting a legal professional helps as well. The board can also consult legal counsel to ensure compliance with applicable laws. However, it can also lead to miscommunication, conflicts, or even legal issues if not handled properly. It’s best to review examples from other HOAs.

Media 246

Media Consulting Government Compliance 246

ADDA

APRIL 17, 2025

Lets dive into the highlights of what each speaker shared: Speaker 1: Mr. Sahil Lohia Year-End Financial Closure & Reporting Mr. Sahil Lohia , Founder of The Society Consultants and Director at SL Realty Private Limited , shared his expertise on community finance management and statutory compliance. Sunil A. ,

Compliance 130

Compliance Government Consulting Finance 130

American Apartment Owners Association

SEPTEMBER 30, 2024

Scott Varney Tax Strategist, SV Consultants Scott Varneys unique perspective combines his experience as a top-producing real estate agent with his deep understanding of financial services. Davids session will cover the ins and outs of the law and how to streamline the compliance process. Tracey Merrell, Esq.,

Litigation 170

Litigation Broker Real Estate Broker Landlord 170

Buildium

JANUARY 6, 2025

Compliance: Meetings help confirm that all actions and decisions align with the communitys governing documents and relevant legal requirements, thereby safeguarding the communitys interests. You should develop it in consultation with the board president and other key members.

Management 243

Management Government Property Management Software Consulting 243

Buildium

OCTOBER 21, 2024

Whether it’s consulting with outside counsel on things like emotional support animal (ESA) applications, handling delinquencies, or managing collections, legal costs can add up. Finances are the backbone of any association, and managing them well is a large part of protecting a community’s longevity.

Finance 245

Finance Management Attorney Consulting 245

AirKeeper

JANUARY 5, 2025

AirKeepers expertise in short-term rental management ensures property owners can confidently meet compliance requirements without the stress of managing the complexities themselves. These guidelines are designed to maintain safety, transparency, and compliance for both hosts and guests.

Airbnb 130

Airbnb Compliance Regulation Property 130

Yardi Breeze

NOVEMBER 22, 2024

Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). As we write this article, thats up to $591 per day.

Compliance 130

Compliance Property Management Property Manager Government 130

Yardi Breeze

NOVEMBER 22, 2024

TL;DR : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCEN’s BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). Smaller operators might need to hire legal counsel.

Compliance 130

Compliance Property Management Property Manager Regulation 130

Yardi Breeze

JANUARY 3, 2025

The bottom line : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines. Non-compliance may lead to steep penalties, including fines and criminal liability.

Compliance 130

Compliance Government Property Management Property Manager 130

AirKeeper

JULY 22, 2024

Use pricing tools or consult local rental data to stay competitive. Legal and Regulatory Compliance Adhering to legal and regulatory requirements is crucial for managing a short-term rental property. Owning a short-term rental property can offer lucrative opportunities but comes with its own set of challenges.

Rental Property 130

Rental Property Management Property Compliance 130

RL Property Management

JANUARY 13, 2025

When it comes to managing rental properties, Fair Housing compliance for landlords is essentialits the foundation of a successful business. Yet, many landlords overlook how quickly non-compliance can lead to serious consequences. Failing to prioritize Fair Housing compliance for landlords can result in costly fines and legal battles.

Compliance 52

Compliance Landlord Regulation Property Management 52

Mem Property Management

FEBRUARY 10, 2025

However, towing a vehicle in New Jersey requires compliance with the Predatory Towing Prevention Act. If your community is considering or is interested in more information about booting vehicles for parking violations, please consult with your attorney.

License 52

License Attorney Government Consulting 52

Authority Property Management

JULY 29, 2024

Political and Legal Impact Regulatory Compliance: Landlords must adhere to new regulations to avoid penalties. Litigation Risks: Non-compliance with SB-721 can lead to legal consequences, making strict adherence essential. Legal Consultation: Regularly consult with legal experts to ensure compliance.

Property Management 96

Property Management Property Manager Management License 96

Buildium

DECEMBER 23, 2024

They’re looking for property managers with a deep knowledge of their market, the most effective investment strategies, and the tax and compliance laws they need to follow. That includes a knowledge of 1031 exchange rules. Established real estate investors and property managers are likely already familiar with 1031 exchanges.

Property Management 246

Property Management Property Manager Property Management 246

American Apartment Owners Association

DECEMBER 16, 2024

While landlords may need access to the rental property for various reasons, tenants have the right to enjoy their space without unnecessary intrusion. Need Legal Help? Chat with a real estate lawyer near you. Its only $5 for a 1-week trial. Ask unlimited questions. If the tenant grants permission for the landlord to enter for a specific purpose.

Landlord 246

Landlord Lease Agreement Tenant Rental Property 246

American Apartment Owners Association

NOVEMBER 25, 2024

Consult with tax professionals specializing in multifamily investments for tailored strategies. It’s essential to consult with tax professionals to explore additional strategies tailored to your specific situation. Utilize retirement accounts for tax-efficient funding of value-add projects.

Consulting 130

Consulting Real Estate Utilities Property 130

American Apartment Owners Association

NOVEMBER 15, 2024

Engaging in this kind of dialogue not only shows a willingness to accommodate but also helps ensure compliance with fair housing regulations. Consistency is Key Property managers should establish consistent criteria for evaluating accommodation requests to maintain fairness and compliance with fair housing laws.

Property Management 130

Property Management Property Manager Compliance Transportation 130

BetterWho

JANUARY 31, 2025

Challenges and Solutions in AI Adoption While AI offers exciting opportunities, there are challenges to consider: Data Privacy Concerns : Handling tenant and owner data responsibly is crucial to maintaining trust and compliance with regulations. Implement secure data management protocols to protect sensitive information.

Property Management 130

Property Management Property Manager Management Property 130

American Apartment Owners Association

JANUARY 27, 2025

Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area. Taking your time and doing your due diligence when considering a particular investment property will always be a crucial step. It is recommended that you to guide you through the bewildering process.

Property 130

Property Insurance Rental Income Real Estate 130

Authority Property Management

MARCH 7, 2025

Ensure compliance with tenant protection laws to prevent legal complications. But is it possible? The short answer yes! In California, landlords can sell a property even if it has an active lease. However, there are legal obligations and best practices to follow to ensure a smooth transition for both the tenant and the new buyer.

Lease 59

Lease Tenant Lease Agreement Property 59

MRI Software

FEBRUARY 25, 2025

PropTech tools made specifically for the industry, such as MRI PHA Pro , simplify compliance, reporting, and financial management, reducing the administrative workload for PHAs. Cost-Effective Capacity Expansion Many PHAs struggle to maintain a full accounting staff while ensuring compliance with HUD financial regulations.

Electronics 52

Electronics Applications Applicants Compliance 52

American Apartment Owners Association

DECEMBER 5, 2024

Consult with a Tax Professional:  Navigating the complexities of bonus depreciation can be challenging. Working with a knowledgeable tax advisor can help ensure compliance and maximize potential savings. What is Bonus Depreciation? Acquiring properties before the end of the year can allow for immediate tax benefits.

Real Estate 130

Real Estate Consulting Compliance Applications 130

Haustay

MARCH 21, 2025

You may need: A Short-Term Vacation Rental (STVR) permit Payment of Transient Occupancy Tax (TOT) (similar to a hotel tax) Compliance with noise ordinances and parking regulations Pro Tip: Work with a local property management company (like Haustay ) to ensure you’re compliant and up-to-date on all regulations.

Regulation 52

Regulation Compliance Property Management Property Manager 52

InveServe

MARCH 3, 2025

Should I consult with a tax advisor specializing in LA real estate? Lease Agreements & Rent Collection (LA Compliance): What type of lease agreement complies with California and LA regulations? How do I ensure lease compliance in the LA context? Investing in Los Angeles multifamily properties? tenant relocation costs)?

Regulation 52

Regulation Lease Agreement Insurance Property Management 52

Beach Front Property Management

SEPTEMBER 19, 2024

Ensure Compliance with Legal Standards If your tenant engages in illegal activity, it creates a strong basis for eviction, helping you regain control of your property more quickly. This may involve a notice to cure or quit, lease termination, or a specific notice addressing illegal conduct. Here’s how to handle it effectively: 1.

Tenant 130

Tenant Lease Agreement Landlord Lease 130

AirKeeper

DECEMBER 1, 2024

Familiarise yourself with the rules in your area to ensure compliance and avoid potential fines. With AirKeeper, you gain access to local market insights and compliance expertise, ensuring your property is always competitive and operates within legal requirements. Hosting on Airbnb for the first time can be an exciting venture.

Airbnb 130

Airbnb Compliance Regulation Maintenance 130

AirKeeper

DECEMBER 1, 2024

Familiarise yourself with the rules in your area to ensure compliance and avoid potential fines. With AirKeeper, you gain access to local market insights and compliance expertise, ensuring your property is always competitive and operates within legal requirements. Hosting on Airbnb for the first time can be an exciting venture.

Airbnb 130

Airbnb Compliance Regulation Maintenance 130

Buildium

FEBRUARY 10, 2025

Legal Compliance Property managers must stay current with key regulations regarding maintenance and tenant rights, including health and safety codes and timely response requirements. Regular training and consultation with legal experts can avoid legal pitfalls.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Management 130

Bay Property Management Group

JANUARY 7, 2025

However, you should consult a tax professional to make sure youre following the law. If you need extra income, renting out a spare room can be a great solution. However, its not as simple as it looks. There are several things you need to consider before moving forward, especially since the tenant will be sharing your home.

Rent 147

Rent Lease Tenant Lease Agreement 147