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Post by charliereathes on Jan 7, 2021 20:13:38 GMT -5
Depending on how the transaction is structured, property management services concerning cash flow may include:
collection of rents,
payment of recurring expenses (e.g., for electricity, water, etc.),
payment of special one-time expenses (e.g., for repairs etc.),
payment of certain taxes on behalf of the owner,
payment of installments to lenders, and
payment of profits to the owners. This is another function that can save significant time and money while benefitting both lenders and owners. Moreover, third-party cash flow services can be an important part of the foreign investor retaining its status as a “passive” investor under relevant tax laws.
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Post by jackmckarthy on Mar 9, 2024 7:03:38 GMT -5
Brokers help businesses stay compliant with legal requirements and industry regulations by ensuring they have the necessary insurance coverage in place, such as workers' compensation or professional liability insurance.
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