Property Management News

How to utilize strategic deductions to maximize your returns, and other insider tips. Managing capital, including allocating it to the right places, is one of the most important skills in business, as is being able to effectively manage systems and processes while contributing value to the world.  Real estate can be a puzzle in terms of investing as an entrepreneur. Is it better to buy a building for your company and commit to large overhead and responsibility for the long term, for example, or should you embrace renting and its inherent flexibility for a rapidly scaling business and/or for responding to unforeseen economic circumstances? These are questions that beginning and seasoned... Read more

While the new year brings a new beginning filed with hope, plans and resolutions, it also makes us realize that tax season is right around the corner. Not even the most organized planner greets this realization with much enthusiasm. Even if you hire a professional tax preparer, it helps to understand the basics of filing an income tax return that includes your ownership of investment property. This knowledge will make the tax return experience less stressful and intimidating for you. We’ve turned to the Internal Revenue Service for tips on how to make tax season less overwhelming for investors with rental property income. What is rental income? All amounts you receive as normal payment... Read more