Posts filed under: Ownership

Making sure you have the right coverage can save you money and peace of mind. Contributor: Gregory R Porziella of Paul T. Murphy Insurance Agency As a landlord, purchasing insurance is one of the most important decisions you can make....
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By Robert J. McNeill, CPA www.McNeillCPA.com In the closing weeks of 2017, President Trump signed a tax reform bill called the Tax Cuts and Jobs Act. The 429-page law contains some pretty significant changes that may dramatically impact the multi-family...
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An Analysis of the 2018 Tax Reform for Multi-family Property Owners and Investors....
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By Robert J. Charland CEO of Exchange Authority The primary advantage of a 1031 exchange is that the taxpayer may dispose of property without incurring any immediate tax liability.  This allows the taxpayer to keep the earning power of the...
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Should You Condo Convert My Multi-Family into Condos? John Wells, of Wellsco Reality, discusses the things multi-family property owners need to think about before converting their property to condos....
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Potential Risks of Allowing Your Tenants to Use Marijuana Even If it is Now Legal in MA.   Besides the things we’ve discussed in our previous post, there are a several other factors you need to consider before allowing your...
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Making sure you have the right types of coverage can help save you money and peace of mind. As a landlord, purchasing insurance is one of the most important decisions you can make. Understanding what type of coverage, and how...
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FAQ: What should landlords know about marijuana use in their properties In the fall of 2016, Massachusetts voted to legalize recreational use of cannabis. MA isn’t alone, as four states and the District of Columbia have also approved recreational marijuana...
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Whether you have family and friends in your multi-family or complete strangers, there are a few things you can do to improve the tenant-landlord relationship in your multi-family property.   1) Always Provide Notice Before Entering Nothing gets multi-family tenants...
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Owning a multi-family property is a great investment. Here are five things you should know to help you be a better landlord and get the most out of your investment 1) Screen Your Potential Tenants Thoroughly   Don’t rent to...
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