Utility Cost Recovery

How to Maximize Your Multifamily Property’s NOI: Utility Billing Best Practices by the Livable Team

Utility cost recovery is critical to maximizing a multifamily property’s NOI. Non-payments (and late payments) impact cash flow and the homeowner or property manager’s ability to properly budget. Of course, there are a number of factors that impact utility cost recovery. But (arguably) the most important – resident billing itself – is too often overlooked. Why…

Home Office Deductions

The Home Office Deduction By Pete Muffoletto, C.P.A

The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working from home, some taxpayers may be able to claim a home office deduction when they file their 2022 tax return next year. The following are some of the rules that relate to the home office deduction, and whether you…

Complying with Fair Housing

What Apartment Operators Need to Know in 2022 – Staying Compliant with Fair Housing by Grace Hill

Apartment companies’ attention to fair housing training needs to occur during more than just April. And while April is Fair Housing Month, this training is crucial year-round to ensure that both new and experienced workers at every level and department are not liabilities. Fair housing issues require updated policies and procedures every year. It is…

WiFi Internet

Sending Strong Signals – A Luxury No More

When it comes to Wi-Fi systems, the absolute baseline for multifamily properties is to provide residents and staff with a strong, reliable, and consistent signal. From new construction to decades-old buildings that may pose significant signal  challenges, property managers are expected to meet modern standards for omnipresent and robust connectivity. The good news? While meeting…