Property Management Business cover image

Property Management Business

16. Property Management Eligibility for the ERC Tax Credit

Dec 19, 2023
Financial expert Charles Hawkins discusses the eligibility requirements for the Employee Retention Tax Credit (ERC) for property managers. They explore challenges faced during COVID-19, determining eligibility, using knowledgeable professionals, and the process of filing for the tax credit.
32:52

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Property managers can qualify for the Employee Retention Tax Credit (ERC) if they have undergone a partial suspension of operations due to eviction moratoriums and other government orders, and working with a reputable firm like the Origins Group can facilitate a smooth application process and support in justifying the impact on their business.
  • The Origins Group, a specialized CPA firm, offers comprehensive support for property management companies applying for the ERC, including gathering necessary documentation, conducting research on government orders' impact, preparing a robust legal memo, and handling correspondence or audits from the IRS, ensuring clients receive the maximum qualified credit amount.

Deep dives

Opportunity for Property Managers to Improve Business in 2024

Property managers have the chance to enhance their business by attending a two-day event hosted by Mark and his team at their office in Denver. The event focuses on providing insights and strategies on running a property management business, rather than just property management itself. Topics covered include principles of property management, hiring and managing a team, creating marketing strategies, and more. The event aims to help property managers improve their business operations for success in 2024.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode