Property Accounting: Tips for Understanding Tax Statements and 1099s

By Gulf Coast Property Management Sunday, April 21, 2024

The American Rescue Plan Act of 2021 significantly affects tax laws for landlords earning an income from their investment properties. While the rule's implementation has since been delayed until 2024, with the latest tax season behind us, it's important to note the change...

Benefits of Outsourcing Your Leasing Management

By Gulf Coast Property Management Monday, April 24, 2023

Even in this economy, rental properties can be a great long-term investment. The only downside: having to manage said properties.Many first-time landlords underestimate the work that goes into leasing management. From attracting tenants to accounting tasks, the experience can be ...

Rental Property Management Guide to Hurricane Preparedness

By Gulf Coast Property Management Wednesday, November 9, 2022

In Florida, some of the worst storms are estimated to have caused around $260 billion dollars of damage. Inclement weather can put property owners severely out of pocket. Rental property storm damage and vacation rental damage can be particularly severe.As a rental property ...

Properties in Florida: 5 Real Estate Investing Tips

By Gulf Coast Property Management Tuesday, June 7, 2022

Do you know how much money you can realistically make in real estate? Here’s a statistic to highlight how profitable real estate investments have been over the past year. From January 2020 to January 2021, the median home price in the United States rose by over $45,000.&nbs...