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Tax accounting for rental property management: What landlords should know

Buildium

Operating Expenses Operating expenses are the costs of maintaining and managing your rental property. Depreciation Depreciation is a tax deduction that accounts for the wear and tear on your property over time. Not Keeping Up with Tax Law Changes Tax laws change frequently, and staying updated is important.

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How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Lease renewals are a typical part of rental property management. The most favorable outcome could be maintaining a reliable renter, which aids in preventing turnover costs and ensures a consistent rental income. This market analysis is a key element in rent adjustments and can be utilized to justify any increases.

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Managing Tiny Home Rentals: A Guide for Property Managers

Real Property Management Chicago

This trend is profoundly impacting the rental market, giving an affordable alternative to more traditional housing. For rental property managers and owners, tiny homes offer a unique opportunity to attract tenants in search of affordability, sustainability, and a simplified lifestyle. Embrace the tiny home trend!

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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.

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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. How Are Maintenance Requests Handled? Therefore, its important to understand to what extent you could be charged for maintenance.

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What Is STR in Real Estate? Here’s What Investors Should Know

Bay Property Management Group

many owners rely on rental property management in Washington D.C. Most of these properties are fully furnished and listed on popular home-sharing platforms, including Airbnb and Vrbo. Run the Numbers Look at how much other rentals in the area are charging per night. In busy markets like D.C.,

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28 marketing strategies for property management companies

Buildium

Utilize Content Marketing Content marketing involves creating and sharing valuable content to attract and retain customers. For property management companies, this could include blog posts, videos, infographics, and downloadable guides. Case Studies: Share case studies that highlight your successes in managing properties.