Property Management News
Unraveling the mystery of 1031 exchanges and some exceptions for the taxpayer and rules on the same taxpayer. In a 1031 exchange transaction, it is often said that legal title to the real estate being sold (i.e., the relinquished property) and the real estate being purchased (i.e., the replacement property) must be held under the exact same legal title. This is a common misconception. Although it is generally recommended to hold legal title to properties in a 1031 exchange under the exact same legal title, there are exceptions where legal title is not required to be identical. Same Taxpayer Requirement The actual requirement is that the ownership (i.e., the taxpayer) of the relinquished... Read more
Two Wisconsin landlords will pay $20,000 to settle an emotional support animal case involving cats and rats, that accused them of discriminating against tenants who have...
Emotional support animals (ESAs) remain one of the most misunderstood areas of fair housing compliance. While property managers and housing providers often encounter...
Key takeaways Multifamily loans, especially 2- to 4-unit properties, saw a 43% increase in application volume year-over-year and now show fraud indicators in 1 out of...
Tax-deferred 1031 exchanges remain one of the most powerful strategies for real estate investors to preserve equity, reinvest gains, and build long-term wealth. Given...
Looking into a potential tenant’s rental history might feel like extra work, but with so much at stake, it’s worth taking the time to do it right. The applicant wants you to hand over the key to something worth hundreds of thousands of dollars. You have a right to know everything you can about them before giving them that key. Skipping tenant screening could leave you with renters who don’t pay on time, cause property damage, or put you through the stress and cost of eviction. According to the U.S. Office of Government Accountability, millions of tenants are evicted across the country each year. While that number can sound alarming, not every eviction tells the same story. Some... Read more
Fraud is no longer hiding in the shadows. It’s being taught and sold in plain sight — sometimes with hashtags and tutorial videos. Across the multifamily housing...
The impact of government interference on landlords can be profound as governments aim to regulate the rental housing market. These interventions often spark debates...
The multifamily industry is locked in a costly battle against rental fraud. Despite widespread adoption of application screening tools and document checks, fraudsters...
Monthly evictions in New York City have returned to pre-pandemic levels as low- and middle-income tenants struggle to make rent and housing courts work through a...
Accessibility