Orlando rental property owners need to declare the income they earn from their investments at tax time, but this shouldn’t deter you from investing. The benefits far outweigh the costs when it comes to tax implications for rental properties. Here are some of the tax benefits you can expect, as well as an example of the accounting we do for you...
Keeping your accounting practices in order can sometimes be a challenge, especially if you have multiple investment properties and you’re not benefitting from professional Orlando property management. We’ve also noticed a lot of real estate professionals and self-identified experts who are providing misinformation or filing incorrect tax documents. Don’t make a mistake with your year-end accounting. You may find yourself audited...
It’s very easy to make a fair housing mistake, especially if you’re managing your own Orlando rental property without the experienced help of a professional property manager. Most landlords don’t set out to intentionally discriminate against people, but you can violate a part of the Fair Housing Act without even realizing it. With constant changes and updates to the fair housing...
If you’re interested in the Orlando real estate market, you’ll need some serious strategy in place, a sound financial plan, and a very thick skin. Demand is high and supply is low. Buyers are making offers that stretch beyond the asking price, investors are paying in cash, and the competitive spirit is leading to less-than-ideal conditions such as a trend...
No one in real estate investing really knew what to expect when COVID-19 changed the economic landscape for the entire country in early 2020. Now that things are looking up, with lower rates of infection and more vaccines available, we’re taking a clear look at the damage as well as the opportunities that were left in the wake of this...
Diversifying a portfolio is an excellent way to protect yourself and limit risk. It’s also a good idea to diversify when you’re focused on protecting your wealth and earning more on the real estate investments you’re making. The process of creating diversity within your portfolio means different things to different investors. For some, it might mean combining both single-family homes and...
One of the best reasons to hire a professional community management company is to keep your HOA’s financial reports and accounting practices organized, compliant, and well-documented.
Investors deciding between a single-family home in Orlando or a multi-family property have a lot to consider. Each rental property comes with its own advantages and challenges, and the decision really comes down to whether you’re hoping to maximize your cash flow right away or whether you’re settling in for the long term and waiting for values to appreciate over...
Commercial real estate typically includes retail stores, restaurants, shopping malls, and warehouses or industrial spaces. It can also include apartment buildings. Traditionally, investing in commercial real estate has been a great way to increase cash flow, reduce expenses, and diversify an investment portfolio.
As professional Orlando property managers, we aren’t just managing rental homes. We’re also managing the tenants who occupy them. We’re often called upon to resolve conflicts and mediate disputes. It’s not always fun, but being creative problem solvers and solution managers, we’re pretty effective when it comes to handling difficult tenants.
