#property-management
Trust accounting, reconciliation, and compliance for rental and HOA property managers
A land trust keeps your name off the deed and fits the federal Garn-St. Germain due-on-sale exemption — but it is no liability shield, so pair it with an LLC.
Montana's 2026 commercial rate drops to 1.50% below $2.27M, yet floating mills can still raise your bill — verify homestead and rental enrollment first.
Pet deposits are refundable and often capped; pet fees and pet rent are Schedule E income when received — IRS Pub 527 rules, state caps, and how to book each.
Most over-assessed owners who show up with evidence win a reduction: bring 3–5 comparable sales, your rent roll, and file before the Texas May 15 deadline.
Form 1098 Box 1 goes to Schedule E line 12 and Box 5 to line 9, but rental points must be amortized over the loan term — never expensed in year one.
Commingling HOA reserve and operating cash violates Florida and Washington law — and reserve interest is taxable on IRS Form 1120-H even when dues are not.
EPA's RRP Rule fines uncertified firms up to $49,772 per violation per day — certify for $300, assign a Certified Renovator, keep records three years.
ADU rental income goes on IRS Schedule E: split shared costs by square footage, depreciate the unit over 27.5 years, and plan for 25% recapture tax at sale.
Advance rent is taxable the year you receive it; a refundable security deposit is not income until you keep it. The split, the state escrow and interest rules underneath it, and the journal entries that keep both straight.
Points on rental and business property are prepaid interest that must be amortized per scheduled payment, not per year — $4,800 on a 20-year loan is $20 a payment, so a 3-payment first year deducts $60. Refinancing with the same lender blocks the write-off of leftover points and rolls them into the new loan's term.
Scotland's 2026 revaluation pushed almost 4,000 small firms off 100% Small Business Bonus Scheme relief while thresholds stayed frozen at £12,000. Here are the 2026-27 SBBS bands, the three transitional caps (15% general, 25% net for lost SBBS, 15% self-catering), and the short-term-let licence rules that void relief entirely.
Since July 1, 2026, Airbnb and Vrbo must verify Austin STR license numbers, refuse unlicensed bookings, and remove flagged listings within 10 days of city notice, with fines up to $500 per day. Here are the license costs ($836.30 new, $385.30 renewal, two-year term), the 17% occupancy-tax stack, the quarterly filings platform collection does not cover, and the per-property books that keep it provable.
