Posts by Alex Stevenson

13 real estate agent tax deductions to remember in 2020

Last Updated on July 27, 2020 Tax time can be stressful, even for the most organised of us. But if you work in real estate, there are plenty of opportunities to take out the sting with a tax return full of clever deductions. Before we get started… To claim a tax deduction for a work-related…

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Top 10 property management skills and qualities

Last Updated on July 27, 2020 The days of property management simply being a case of finding tenants, collecting rent, and performing inspections are well and truly over, if they ever really existed at all. The modern property manager now wears more hats—and requires more skills—than ever. New to property management, brushing up for that…

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A simple guide to cash vs accrual accounting

Last Updated on July 27, 2020 Not all accountants are property managers, but all property managers are trust accountants—at least some of the time. Managing money is a key part of the job, so it’s important to have a grasp of the basics. And that includes knowing the difference between cash basis and accrual accounting. …

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Why it’s time to move to a cloud-based property management system

Last Updated on July 27, 2020 Across Australia, thousands of agencies are making the move to cloud-based property management software. And they’re not alone. In fact, according to the ABS, the number of Australian businesses harnessing cloud computing jumped from 31% in 2015-16 to 42% in 2017-18, with businesses of 200 or more employees being…

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Understanding Trust Accounts

Last Updated on July 27, 2020 A real estate trust account is one of the most important legal and financial parts of any property management business. But for many principals and property managers, they’re also one of the most frequent sources of confusion and stress. This is particularly true for new entrants into the industry,…

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Your No-Nonsense Guide to Working from Home

WFH

Last Updated on July 27, 2020 While working remotely has become almost ubiquitous in some industries, it’s still building traction in property management. Unless you count fielding calls from tenants, owners, and colleagues on your mobile, that is. But in an increasingly connected world of cloud-based software and integrated smartphone apps, many agencies are embracing…

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Highlights from the Summer Release Webinar

2020 Summer Webinar

Last Updated on July 27, 2020 In our mission to power greater success for property managers, trust accountants, and principals across Australia and New Zealand, we’re constantly adding new features and upgrades to Console Cloud. And the last three months were no exception. From an upgraded lease renewal workflow and Forms Live integration to brand-new…

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