Sep24

If your business model relies on using workers that you classify as “independent contractors” the latest interpretation from the US Department of Labor should be of extreme concern you. Hat tip to Attorney Tristan Pettit for alerting me to this. I have written a number of post about the dangers of calling a worker an independent […]

Mar29

  Remember  Your handyman – cheap contractor or $60,000 mistake? Many of you attended the Apartment Association’s Meeting earlier this month featuring employment law attorney John Murray. Here is a link to the State of Wisconsin’s guidance on the issue.  Most owners I’ve met that call their workers contractors fail on four or more of the test […]

Oct01

We use employees almost exclusively, for a number of reasons. Worker Comp insurance is important as your homeowner’s policy does not cover people working on your property. More importantly the tax implications if a contractor is reclassified as an employee. Why is the tax issue more important than the workers comp? You can and should […]

Jan28

We have probably all been holding our breath to see if rental property ownership and management would be eligible for the new 20% small business tax deduction.  Last week it became clear that we are.  There are some documenting requirements that take effect this year that you need to learn more about. From the IRS: […]

Jul03

A reader writes of the frustration he was having after being charged by the city for mattresses dumped at his property that were not from his tenants.  With the ever exploding bedbug problems in urban areas, there are a lot more mattresses hitting the garbage. We had a similar problem with properties in Milwaukee.  At […]

May15

Sewer, water and municipal service fees have become a major operating expense.  I’m sure these runaway fees have lead to the failure of many newer, under capitalized owners. Last month the law changed on municipal utility charges, making it more practical to have tenants be responsible for these charges.  We owe a lot of thanks […]

Jan02

A year ago I wrote of my five top ideas for real estate for 2013. Of those ideas I have implemented .. not much.   Shortly after the first of the year 2013 we found that my wife’s ongoing back pain was being caused by a large benign tumor. She had it surgically removed on […]

Nov04

A reader of the ApartmentAssoc Yahoo Group asks: I am about to hire someone to cut some trees around houses. I told him that I would like him sign something to knowledge that I will not be responsible of his personal injury from this job if it happens. What kind of form and where I […]

Jan04

 Real Estate Ideas for 2013 What can be done collectively to improve our businesses, save costs or generate additional revenue? On January 1st I posted a list of ideas that I had that some of us could consider to collaboratively work on.  I intend to pursue one or two of the ideas presented and may entertain […]

Jan03

Real Estate For Ideas 2013 Part Two What can be done collectively to improve our businesses, save costs or generate additional revenue? On January 1st I posted a list of ideas that I had that some of us could consider to collaboratively work on.  I intend to pursue one or two of the ideas presented and […]

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