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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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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.

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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. Automation handles repetitive tasks, cuts down errors, and saves time.

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What Is a Fourplex? A Practical Guide for Property Investors

Bay Property Management Group

Because it’s a residential property (anything up to four units counts), you can apply for a regular mortgage instead of a commercial loan. Easier Financing A huge advantage of a fourplex is that it’s classified as a residential property. Additionally, financing is easier than you might imagine.

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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? Buildium Buildium is one of the wide-used property management software platforms in the industry.

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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? Partnerships let you share costs (and rewards) with trusted partners.

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The 10 Features of a Great Property Management Company

Property Management Inc.

Rigorous Tenant Screening to Protect Your Property A key feature of exceptional property management services is their focus on thorough tenant screening. Reliable property managers prioritize finding high-quality tenants who respect lease agreements, pay rent on time, and care for your residential property.