Quick Tips

Quick Tips

Commercial & Apartment Property Management Services

Rental real estate investment will provide you with more tax incentives than almost any other investment. These advantages typically make up the difference of losing money and earning a profit on your rental property, which is a favorable outcome. However, you don’t get anything you don’t ask for, which means tax deductions are worthless if you don’t take advantage of them! We have provided some of the tax deductions for owners of small residential rental properties to make the decision to invest easier for you.

Interest – If you are a landlord, interest will be your biggest deductible expense. You may deduct mortgage interest payments on loans used to acquire or improve rental property and also interest on credit cards for goods or services used in a rental activity.

Depreciation – The total cost of your property is not fully deductible in the year you pay for it. Landlords get back the cost of real estate through depreciation, which involves deducting a portion of the cost of the property over several years. Residential property must be depreciated over 27.5 years.

Repairs – The cost of repairs for your real estate is fully deductible from your taxes. When you make repairs such as repainting, fixing gutters or floors, or stopping leaks, you may deduct those expenses. 

Local Travel – Landlords are entitled to a tax deduction whenever you drive to a location for a rental activity or function. When you need to speak with a tenant or go to the hardware store for repair supplies, you may deduct those expenses as well.

Home Office – If your office meets certain requirements, you may deduct your home office expenses from your taxable income. This applies to space devoted for work or any other workshop or home workspace you use for your rental business.

Employees and Independent Contractors – When you hire someone to perform rental services for you, you may deduct their wages as a rental business expense. This applies to employees and contractors.

Casualty and Theft Losses – In the event your property is damaged or destroyed, you may be able to obtain a tax deduction for your loss. This is a “casualty” loss.

Insurance – Deduct insurance premiums for almost any insurance for your rental activity. You may also deduct the cost of health insurance for your employees.

Legal and Professional Services – You may deduct fees you pay for attorneys, accountants, property management companies, real estate investment advisors, and other professionals. You may deduct these fees as operating expenses as long as they are paid for work related to your rental activity. 

Commercial Property Management Tips

A commercial property is a huge investment of your time. Why not let us manage the business, while you control and benefit from the investment? Time is valuable, and you don’t want to spend all of your energy trying to maintain the commercial property in which you have invested. With worrying about each and every tenant or resident and attempting to keep track of payments and repairs, you may run yourself into the ground. Let us take the hassle out of your daily life when we offer you our full range of services, customized to fit your specific needs. Call 408-378-1730 to get started.

Property Pro, is a full-service real estate management and brokerage firm, providing fee management of real estate assets. Property Pro, diversified to include brokerage, a natural extension of the company's property management services.

Through steady growth, we have developed a strong infrastructure, enabling us to respond to clients' needs quickly and efficiently. Property Pro, has experienced management professionals who create value through day-to-day supervision and long-term strategic planning. They analyze market trends to determine how to effectively position a property within a given market, then evaluate property operations and develop a custom marketing, leasing and management strategy to maximize its potential value.

We have an extensive background with distressed and troubled properties offering sound economic solutions to difficult problems. Property Pro, works closely with the owner and our broker’s to execute the most efficient and long-term objectives for value enhancement and asset stabilization.

We have been helping property owners maximize their return on their real estate investments in Santa Clara County for over 30 years. We are a family-owned business that treats every property we manage as if it were our own.

Our clients compliment us on our ability to maximize their positive cash flow. We do this by using our extensive network of economical but reliable vendors to maintain our clients' investments properties. We also thoroughly screen applicants so that we get the best possible tenant for your investment property.

Furthermore, there are many legal liabilities that come along with owning rental property. Keeping up on all the frequent changes in the rental laws is very important. We are very knowledgeable regarding California real estate laws and constantly keep track of new regulations through our memberships in the California Association of Realtors and the CAA Tri-County Apartment Association.

Property Pro, was founded in 1980 by Anthony R. Schrock, CPM. His goal in establishing his company was to provide his clientele with highly qualified, motivated, hands on management within the field of property management. Over the past 30 years Mr. Schrock has successfully managed thousands of residential apartments units, commercial properties and condominium units, with his small business and staff with hands on style.

We have dealt exclusively within the property management arena since 1970, therefore, you are choosing a professional management company that is aware of the unique needs associated with property management, with over 35 plus years of successful management and credentials to back it. 

We offer a full range of services customized to fit your specific needs. A few or our services include.
  1. Financial Planning/Budgeting
  2. Bookkeeping/Accounting
  3. Administration Supervision
  4. Vendor Contracts/Suppliers
  5. Common Area Enhancement
  6. Resident Relations
  7. Real Estate Brokerage
  8. All Phase Consulting
Realizing time is an important asset, we hope to take the hassles out of managing income producing real estate.You control your investment; we will run the business.

Multi-Family Apartment Property Management

 As a cutting edge third-party manager of multi-family real estate in the Silicon Valley, Property Pro, is a recognized leader in multi-family property management. We achieve market-leading asset performance through comprehensive management expertise and innovative thinking. 

Commercial Property Management

Property Pro's commercial portfolio includes and offers management of office, retail and industrial properties throughout the Bay area and in addition to property management, Property Pro also provides facilities management and leasing services. Our dedicated professionals produce results by creating customized solutions that maximize the value of each individual real estate investment.
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