Misunderstanding And Inconsistency: The State Of Fraud In The Rental Housing Industry – Property Management Companies Lack A Layered And Systemic Approach To Fraud

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A Forrester Consulting Thought Leadership Paper Commissioned By TransUnion

In today’s property management environment, rental applications have mirrored our desire to do more online and less in person. However, with this increase in accessibility and convenience comes risk — which property management companies are not appropriately prepared for. Unbeknownst to them, the housing industry is experiencing an intense increase in fraud, and current fraud identification methods have not been able to keep up with today’s savvy fraudsters.

Why Now is a Good Time to Refinance

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By Robert Murphy

If borrowers have been deliberating whether to refinance existing CRE debt, today’s market conditions present an excellent opportunity to lock in long-term debt.  You may have recently heard talk about the yield curve flattening  – in this instance, short-term government rates have crept up within shouting distance of the 10-year Treasury yield.  The last time the spread between the 10T & 2T notes (as of 4/25: 0.53%) has been this narrow was April 2005.  Although the flattening yield curve is inviting discussion from market experts about possible inversion, the current flatter curve provides a long-term CRE investor with a terrific opportunity to refinance existing floating-rate debt.

DST 1031 Exchange: What is it and how might it help with my current 1031 Exchange?

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By Dwight Kay | KPI1031.com

So you’ve decided to do a 1031 exchange, meaning you have decided to sell your property and invest that money in another property in order to defer the federal capital gains tax, state capital gains tax, depreciation recapture tax and the Medicare surtax. Smart!

But are you just moving from one headache to another? If you’re looking to retire from property management but you still want to defer your taxes using a 1031 exchange and keep your invested money working for you, you might be interested in learning about a DST.

Protecting taxpayer interests in the fire liability fight

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By Jon Coupal

One of the most contentious political battles currently being waged in Sacramento during the final two weeks of the legislative session is over the extent to which investor-owned utilities, such as Pacific Gas & Electric, should be held liable and have to compensate property owners for the damage inflicted by the horrendous wildfires that are still burning across the state. Average California taxpayers and homeowners probably sense this is a big deal because of extensive media coverage, but may not know what to think about it.

RENTAL HOUSING LEGISLATION YOU SHOULD BE KEEPING YOUR EYE ON

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By Becky Bower | ApplyConnect

As the majority of the country takes a break proposing and passing new rental housing laws and regulations, let’s take a moment to review the rental housing bills that are currently up to bat. From regulations on service animals in Illinois, rental property registration in the city of Portland, and additional homeless grants and assistance in California, the rental housing legislation at this point is a mixed bag. Take a look below at the passed and proposed rental housing laws in your state.

Real Estate: Strong Fundamentals Persist—As Do Opportunities: REITs should have several more years of solid growth in property fundamentals as the economic cycle continues and many sectors have the peak in supply growth behind them.

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By Kevin Brown | Equity Analyst

U.S. Real Estate Outlook

After falling in the first quarter due to pressure from rising interest rates, the U.S. real estate market performed in line with the broader U.S. market in the second quarter. The 10-year U.S. Treasury yield increased rapidly at the start of the year but has stayed near the 2.85% rate since mid-February, bringing relative stability to real estate stocks. Given the circumstances, many investors wonder whether we are near the peak of the commercial real estate cycle—higher interest rates could pressure growth rates, cap rates, return expectations, and ultimately asset prices. Also, to the extent that low interest rates have steered investors searching for higher yield and capital preservation toward REITs, the same funds could flow out of REITs if interest rates rise, further pressuring commercial real estate valuations.

What Do You Mean My Landlord’s Not Responsible? New Survey Shows Tenants Don’t Understand Liability Issues

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By Kyle Gelsthorpe

Airline tickets? Check. Credit cards? Check. Wireless charger? Check. Renters preparing for vacation have a checklist of items they don’t want to forget.

Unfortunately, many renters fail to consider a key question that should be at the top of the list: While they’re away, who is responsible in the event of burglary/theft or property damage from a fire, weather or negligence?

Turns out a lot of renters are in the dark about who bears ultimate responsibility.
According to a new survey by global risk solutions provider Assurant of 1,000 U.S. renters, nearly one-third (32 percent) believe either the landlord or property management company should be responsible for damage or liability protection, while an additional 25 percent said they were “not sure” who’s responsible.

How To Dodge A Tax Hit When Selling Rental Property By Making The Right Move, Sellers Can Sidestep The Capital Gains Tax

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By: Dwight Kay

Tax - scrabble blocks

The life of a landlord certainly isn’t easy.

There are plumbing issues that eat into time and money. There are tenants who fail to pay the rent. There are broken leases and leaky roofs.And the hassles don’t even end when the beleaguered landlord finally decides to sell the property. After the deal closes, the Internal Revenue Service is waiting in the wings to collect a capital gains tax on the profits from the sale.

Formerly Bankrupt Stockton is Fiscally Healthy Again, but Offers Warning to Others

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By Steven Greenhut

Two mid-sized California cities, Irvine and Stockton, have topped a national list of financially healthy governments compiled by an influential watchdog group. Irvine’s top ranking shouldn’t surprise anyone, given that the affluent Orange County city has long been a model for prudence, despite some high-profile spending miscues over the years. But the second-place ranking for the formally bankrupt and chronically mismanaged Stockton is an eye-opener.

Is the poor San Joaquin Valley city really a model for the nation?

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