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6 steps to jump from property manager to property owner: Build your rental portfolio with confidence

Buildium

Skills such as tenant screening, handling maintenance, and navigating local regulations directly transfer to rental ownership. Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing. These are exactly the areas where new investors struggleand where you can excel immediately.

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California Increases Dollar Limit for Home Repairs Without Licensed Contractors

Authority Property Management

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. Benefits of AB 2622 for Landlords and Homeowners 1.

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Effective asset management property maintenance: Strategies for property managers

Buildium

Additionally, property managers should work to build long-term relationships with reliable contractors and service providers, negotiate favorable contracts, and carefully manage maintenance costs. Common legal challenges include tenant complaints, non-compliance fines, and insurance liabilities.

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Top 10 property management tax deductions for 2025

Buildium

Under IRS regulations, any personal property you buy for your business that costs less than $200 is deductible as materials and supplies. Insurance Deductions Insurance you buy just for your business is deductiblefor example, business liability insurance or insurance for business property.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Insurance Insurance you buy for your business, such as business liability or property insurance. If you have a home office, you can deduct some of your homeowner’s insurance. When you hire an independent contractor, that cost is deductible, too. This deduction is scheduled to end on Jan.

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100+ Questions Every LA Multifamily Investor Should Ask

InveServe

considering California regulations? What are all the recurring operating expenses (property taxes Proposition 13 considerations, insurance earthquake coverage is essential, utilities, maintenance, management fees)? How do LA’s specific regulations impact expense projections (e.g., has a network of trusted contractors.)

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How to Handle a Bad Contractor

SparkRental

The Big Picture On How to Handle a Bad Contractor: Keep detailed records of all agreements, payments, communications, and any issues with the contractor’s work. Before escalating, address the problems directly with the contractor, clearly outlining the issues and your expectations for corrections.