💼 Trends
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Trend #1: Augusta Rule
The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax return.
Trend #2: Occupation Contract
An occupation contract, previously known as a tenancy agreement, refers to an agreement that grants someone the right to live in or use a property, which can include various forms of residential leases or tenancy agreements. It's used to clarify the rights and duties of both the occupant and the property owner, ensuring legal protection and understanding for both sides regarding the property's use and conditions.
Trend #3: Crexi
Crexi is a technology platform consolidating commercial real estate tools into a single platform, catering to brokers, investors, and tenants. It aims to streamline the commercial real estate process, offering solutions for marketing, analyzing, and trading properties, thereby simplifying deal management and enhancing data analysis and reporting capabilities for its users.