Property Management News
If you own or operate multifamily properties, one of the most overlooked ways to boost cash flow isn’t operational. It’s strategic, lives in the tax code, and it’s called cost segregation. Most investors are familiar with depreciation: spreading out the cost of a building over 27.5 years (for residential) or 39 years (for commercial). But what many investors don’t realize is that not all parts of a building age at the same rate. Things like carpet, flooring, lighting, parking lots don’t last three decades and the IRS has guidelines to address the differences. Cost segregation is the process of identifying and reclassifying certain components of a property so... Read more
A major change is coming to New York City’s rental market this week: the end of costly, upfront broker fees for most tenants searching for apartments. A new law...
Changes to California law (specifically, Cal. Civ. Code Section 1950.5(g)-(h)) effective this year will obligate residential landlords to photographically document the...
When renters search for a new place to live, they probably have a checklist of must-haves—and maybe blinds are one of them. But then, it’s time to move in, and...
When recession fears rise, budget cuts often follow—and education directors are being asked to make hard choices. Training programs frequently top the list of cuts,...
Kenneth Mattson, the former CEO of LeFever Mattson, is charged with defrauding approximately 200 investors by selling fake ownership stakes into apartment properties that he partially owned. The scheme lasted from 2007 to 2024 before ultimately unraveling after he failed to find new investors. “Mr. Mattson will now be held to account on charges of perpetrating a scheme that he kept afloat only by using new investors’ money to pay obligations to earlier investors — a classic Ponzi scheme,” acting U.S. Attorney Patrick Robbins said in a statement. Bisnow was unable to reach Mattson for comment early Friday. The indictment was filed under seal on May 13 in the San Francisco... Read more
Taxes are serious business. As an investor, you already know that if you’re not careful, taxes can quietly take a big bite out of your returns. But with the right...
The Department of Building’s No-Penalty Inspection Program returns from May 19 to June 30, when homeowners, small landlords and small business owners can schedule free...
It always starts small. Maybe a renter blasts the music a little too loud late at night. Or, maybe they throw a party that people can hear all the way downstairs. At...
In today’s shifting real estate landscape, investors increasingly prioritize stability and long-term value. One sector that has consistently demonstrated stability is...
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