Remove Definition Remove Maintenance Remove Rental Property
article thumbnail

Tax accounting for rental property management: What landlords should know

Buildium

Note: This guide is intended to provide general information on rental property tax accounting. For specific advice on your own property or portfolio, speak with a tax professional that can examine your specific situation in detail. Heres a quick breakdown of those definitions. What Counts as Rental Income?

article thumbnail

3 Steps For Dealing With Tenants And Frozen Pipes

Rental Housing Journal

Here are 3 steps to help deal with tenants and frozen pipes and hopefully avoid the problem in your rentals and the maintenance calls that can result this winter from Keepe. 1 The preventative methods for tenants and frozen pipes There are several things that property managers should do to prevent pipes from freezing in their rentals.

Tenant 119
Insiders

Sign Up for our Newsletter

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

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Taking your time and doing your due diligence when considering a particular investment property will always be a crucial step. In the end, it can help you capture the perfect property with excellent ROI potential or it can save you from a drastic mistake. Congratulations, you are now a landlord, the owner of a great rental property.

Property 200
article thumbnail

How to Become a Tiny House Landlord

American Apartment Owners Association

Because of their size, tiny homes are simple to maintain andare less expensive than larger ones in terms of taxes and building, heating, maintenance and repair costs.Renters, property owners and managers have fewer maintenance and repairs to deal with since there is less area to look after.In

Landlord 255
article thumbnail

What Qualifies as an Emergency Maintenance Request?

Real Property Management Chicago

Many property managers distinguish that they need to work straightaway when a resident calls with an emergency maintenance request. But which maintenance requests are emergencies, necessitating immediate attention, and which can wait a little longer? The post What Qualifies as an Emergency Maintenance Request?

article thumbnail

8 examples of automated property management systems you can start using today

Buildium

This post explores examples of automated property management systems across the full spectrum of operations. From leasing and maintenance to inspections and bookkeeping, we’ll walk through how these systems are changing the way property managers work. What Is an Automated Property Management System?

article thumbnail

Apartment vs. House: Which Should You Consider Investing?

Bay Property Management Group

Main Takeaways Apartments provide steady rental income and lower maintenance responsibilities , thanks to shared building management, multiple tenants, and tax benefits. The best choice depends on your financial goals and how involved you want to be in property management. So, that’s definitely something to keep in mind.

Apartment 130