Remove Maintenance Remove Rent Remove Rental Property Management
article thumbnail

Tax accounting for rental property management: What landlords should know

Buildium

What Counts as Rental Income? Rental income includes all the payments you receive from tenants. This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. Heres a quick breakdown of those definitions.

article thumbnail

How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Lease renewals and rent adjustments are one of the most challenging aspects of property management. Numerous factors could lead to complications, rendering them difficult for both property owners and renters. Lease renewals are a typical part of rental property management.

Lease 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Best Property Management Software for 2025

American Apartment Owners Association

Below, we’ll examine why you need property management software , why Innago is the ideal solution, and how it will change and transform the way you manage your rental properties. With innovations in technology and cloud software, property management software is now the most productive and efficient solution.

article thumbnail

How Resident-Centric Policies Will Dominate 2025

Beach Front Property Management

In 2025, several new rental laws and evolving resident expectations will modify how property owners and managers run their operations. Whether you are managing a portfolio of units or a single building, staying ahead means adapting to these shifts in the rental property management landscape.

article thumbnail

The Future of Rentals: Technology’s Impact on Property Management

Real Property Management Evertrust

The property management industry is evolving, mostly propelled by technological advancement. Indeed, AI-based technology is transforming every facet of rental property management. Continue reading to uncover the key technologies revolutionizing rental property management and defining the industry’s future.

article thumbnail

Questions To Ask During Your Apartment Tour

Bay Property Management Group

Key questions should focus on maintenance policies, guest parking options, safety measures, and the building’s history to ensure there are no surprises after moving in. Ask about the lease duration, renewal process, rent amount, additional fees, and policies on subletting or early termination.

Apartment 130
article thumbnail

The Next Chapter in Property Management: Trends to Watch Out For

Real Property Management Chicago

The swift change in the rental property management industry is no surprise. All of these factors, taken together, have lastingly altered the property management landscape. Here’s a summary of some of the most innovative and unique trends currently shaping the future of rental property management.