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Run better HOA board meetings: Tips and tools for association managers

Buildium

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. This includes everything from budget approvals and maintenance projects to resolving disputes and planning community events.

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1099 forms for property management: Everything you need to know (2024 update)

Buildium

If the rental property owner is established as a corporation, you do not need to file a 1099-MISC form for payments made to that company. You’ll still need to file a 1099-MISC if the property owner is a limited liability company, or LLC, however. Again, this exemption does not apply to LLCs.

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What are the top technological advancements expected to impact property management companies in 2025

Condo Control

Table of contents AI SaaS Sustainability and green technology Mobile apps Smart home integrations Virtual and augmented reality The future of property management tech is much more than online payments and 24/7 communication for residents (though these things matter too). Plus, good software ends up paying for itself.

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Understanding HOA finances: A practical guide for association managers

Buildium

The funds cover everyday maintenance as well as future projects and improvements, ensuring the community stays well-maintained and prepared for any upcoming needs. Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits.

Finance 245
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Property management trends: What to prepare for in 2025

Condo Control

Top goals for 2025 If you care for a governed community, the chances are high that these things are ranked high on your list of goals. #1. Residents Modest portfolio growth Most property management businesses plan to expand their portfolios in the next two years. Efficiency #3. Listen to concerns and answer questions.

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Navigating the Landscape: Discover Multifamily Property for Sale with Expert Insights

American Apartment Owners Association

Financing Options Explore diverse financing avenues, including insights on how to buy a multifamily property with no money down, to kickstart your investment journey. Evaluate traditional financing methods, government-backed loans, and private lending options.

Property 130
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Starting a Vacation Rental Business: 101 Guide

Hospitable

Visit your local government website to determine the necessary steps to ensure compliance. Prepare your property for guests Invest in comfortable mattresses and high-quality bedding, so your guests can have a good night's sleep after a long day of exploring your area. It's essential to run your vacation rental like a business.