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Is Rental Income Taxable? What Landlords Should Know

Bay Property Management Group

Many landlords ask, ‘is rental income taxable?’ ’ Whether you’re renting out one property or several, understanding taxes is crucial for your business’s health. Is Rental Income Taxable? As property management in Baltimore can tell you, renting out a property is a business.

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11 benefits of automation in property management

Buildium

The property management industry has changed a lot in recent years. Today, automation stands out as one of the best tools residential property managers can use to improve their operations and enhance residents’ experiences. For example, residents who get rent reminders via text tend to pay on time.

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Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

But here's the real kicker—not all property management is created equal. The differences between commercial property management and residential property management go deep enough to shape nearly every decision you make as a property owner or manager. Rent collection also varies significantly.

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What Is a Fourplex? A Practical Guide for Property Investors

Bay Property Management Group

A fourplex is an ideal investment if you’re looking for a better flow of income. Since you have four separate units, you can collect rent from multiple tenants all under one roof. Even if one unit sits vacant for a while, the others can still generate income to keep things moving. After all, it only has four units.

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A comprehensive guide to property management leasing software

Buildium

In this blog post, well dive into what property management leasing software does, the most important features to look for, and some examples of platforms that are worth investing in. What Is Property Management Leasing Software? Payment Processing and Accounting Integration Collecting rent has never been easier. Heres how: 1.

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

Buildium

As a residential property manager, you have a front-row seat to one of the best opportunities for building wealth: owning rental properties. Every day, you help property owners grow their assetsso why not start doing the same for yourself? You know properties arent always full, and unexpected repairs happen.

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7 Acceptable Reasons for Late Rent Payments Every Landlord Should Know

Property Management Inc.

Late rent payments can feel like a curveball. You've managed your property meticulously, balanced your mortgage payments, and established lease agreements. Still, tenants missing rent payments somehow becomes a part of the game. Understanding Late Rent Payments Managing late rent payments requires more than frustration.