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What is Security Deposit Management?

Obtaining a security deposit is common in the rental real estate field. Sadly, property damage is an unavoidable part of life for landlords and property managers. Security deposits protect the owner or manager if the tenant fails to follow the lease agreement. There are rules for how a security deposit can be used and the …

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Advantages of Hiring a Property Management Company

  Would you prefer to avoid monthly rental income and expense management? Would you rather someone else deal with maintenance calls?  If you answered yes to either of these questions, then hiring a property management company is the right choice for you. A competent property management company can add significant value to your investment, which …

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Welcome to the Lamacchia Property Management Website!

https://youtu.be/29UF47qwTO4 Lamacchia Property Management has officially launched this website as the center for education and content for property management. Whether you are considering property management, buying properties, renting out your property or are you a tenant looking for a property LPM has the information for you! “I am excited to have announced and launched this …

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Tax Benefits of Owning Rental Real Estate Property

Did you know that rental real estate provides more tax benefits than almost any other investment? Although all income received must be reported to the IRS, there are a number of rental expenses that you can deduct on your tax return. Here are some of the main rental real estate tax deductions: Mortgage Interest: Mortgage interest …

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Benefits of Renting from a Landlord Who Uses a Property Management Company

When you’re renting a property, you are usually dealing either with a landlord directly, or a hired property manager. There are some distinct benefits to renting from a landlord who uses a professional property management company. Consider your options before signing a lease. Managed Property Benefits:   1. A property management company is a neutral …

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