Mar 03

2010 Tax Tips for Investors & Accidental Landlords from Property Management Software Company Top 10 tax tips can save thousands of dollars

FREMONT, California — Rental Software ( http://www.trexglobal.com/property-management-software ) developer TReXGlobal.com has published 2010’s top 10 tax tips for the 10 million real estate investors and landlords in the United States, and the property managers and real estate professionals who work with them. Property Managers, Property Management ( http://www.trexglobal.com/property-management ) Companies and Real Estate professionals can provide these valuable tax tips to their real estate investor clients for free.

According to a study by the GAO (Government Accountability Office), about 25 percent of rental property owners over reported their net income from rental real estate, by overstating rent received or understating expenses or losses. The estimated amount of net income overstated by misreporting rental property owners was $2.1 billion.

Due to the recession, there has been a significant increase in the number of accidental landlords in the US – property owners who have turned properties that they want to sell into units that they must rent out. Many of these individuals will be including their rental property income and expenses in their tax filing for the first time. The top 10 tax tips for 2010 will help them save them thousands of dollars by minimizing their taxes.

Everyone’s tax situation is different, and the tax tips should not substitute professional advice.
Rental Property owners should always consult with their tax advisors to consider specific factors that
might affect their situation.

The top 10 tax tips for rental property ( http://www.trexglobal.com/property-management/real-estate-news/top-10-tax-tips-for-rental-property ), and other rental property tax deductions ( http://www.trexglobal.com/property-management/landlord-resources/rental-property-tax-deductions ), are available at http://www.trexglobal.com/property-management

About TReXGlobal.com

TReXGlobal.com develops rental management ( http://www.trexglobal.com ) software and property management ( http://www.trexglobal.com/property-management )tools for property managers ( http://www.trexglobal.com/property-manager ), landlords ( http://www.trexglobal.com/landlord ), and tenants ( https://www.trexglobal.com/tenant ). Products offered by TReXGlobal.com include Simplify’Em Pay Rent ( http://www.trexglobal.com/pay-rent ) Online and Property Management Software ( http://www.trexglobal.com/property-management-software ). TReXGlobal.com’s products have been featured in Forbes, Chicago Tribune, Accounting Today, WebCPA.com, Inman News and other publications. The company has partnerships with Fidelity National Real Estate Solutions (FNRES), Bay East Association of REALTORS®, San Diego Association of REALTORS®, IPX1031, RealTown – The Real Estate Network, and many other leading real estate companies. More information is available at TReXGlobal.com ( http://www.trexglobal.com ).

Media Contact:

Niman Singh
Director of Community Relations
(510) 979-9066
Press@TReXGlobal.com

Feb 12

Rental Management Company Launches Resources for Landlords and Property Managers

Online Property Management to make managing Real Estate Investments Easier

FREMONT, California — Rental Software developer TReXGlobal.com announced today that an online property management portal will provide property managers, landlords, and real estate professionals with easy access to information on managing real estate investments.

The Property Management portal serves to provide valuable resources that users can tap to manage their
real estate investments. The portal enables property managers, landlords, real estate professionals and
investors to get the latest real estate news and trends, information on acquiring residential rental
properties, and tools to manage rental properties efficiently and effectively.
“This portal is a great resource for property managers, landlords and real estate professionals. All in
all it is an excellent source of helpful information for me to maximize my return on rental investments,”
 said John Green, Property Manager.
 By providing all of these valuable resources into this easy to navigate portal, users can save hours of
time and thousands of dollars a year. The site contains:
·         Free access to the latest real estate news and trends
·         Free access to rental property tax deductions
·         Access to state specific rental lease agreements
·         Tenant Screening tools used by the largest property management companies
·         And more…

The online property management portal can be accessed at www.trexglobal.com/property-management

About TReXGlobal.com

TReXGlobal.com develops rental management software and property management tools for property managers, landlords and tenants. Products offered by TReXGlobal.com include Simplify’em Pay Rent Online and Property Management Software. TReXGlobal.com’s products have been featured in Forbes, Chicago Tribune, Accounting Today, WebCPA.com, Inman News and other publications. The company has partnerships with Fidelity National Real Estate Solutions (FNRES), Bay East Association of REALTORS®, San Diego Association of REALTORS®, IPX1031, RealTown – The Real Estate Network, and many other leading real estate companies. More information is available at www.TReXGlobal.com.

Media Contact:
Niman Singh
Director of Community Relations
(510) 979-9066
Press@TReXGlobal.com

Jan 06

Property Management Software SimplifyEm.com Enables Vendor Payment Tracking

Find Key Vendor Information Instantly and Track Payments

FREMONT, California — TReXGlobal.com, makers of SimplifyEm Property Management Software announced vendor management capabilities that will enable property managers and landlords to keep vendor contact details and owed balances at their fingertips.

SimplifyEm Property Management Software’s innovative design makes it easiest to use solution and vendor
management solution was built on that foundation.  “SimplifyEm Property Management Software is the
easiest solution that I have found to manage property finances and generate owner statements,” said
Patricia Baker, Property Manager “For someone like me with no accounting experience, SimplifyEm Property
Management Software is easy to use and its vendor management capabilities are right for my needs.”
The new Vendor management feature provides access to all the important vendor details with Vendor Contact
 Report. Property Managers and landlords can enter expenses when bills are received. They can track how
much business they are doing with each vendor and enter payments in the vendor screen. Some of the key
enhancements are:
·         Keep all vendor information in one screen
·         Know how much is being spent with each vendor
·         Enter bills and know how much is owed to a vendor
·         Track payments to vendors

To get started go to www.trexglobal.com/property-management-software

About TReXGlobal.com

TReXGlobal.com builds property management software, pay rent online, and tax filing web tools for investors to save time and money. The TReXGlobal.com Partner Program offers free real estate marketing tools to help real estate professionals grow their businesses by building strong relationships with real estate investors. Products offered by TReXGlobal.com include SimplifyEm.com Property Management Software and Pay Rent Online – Online Rent Payment solutions. TReXGlobal.com’s products have been featured in Forbes, Chicago Tribune, Accounting Today, WebCPA.com, Inman News and other publications. The company has partnerships with Fidelity National Real Estate Solutions (FNRES), Bay East Association of REALTORS®, San Diego Association of REALTORS®, IPX1031, RealTown – The Real Estate Network, and many other leading real estate companies. More information can be found at www.TReXGlobal.com.

Media Contact:
Niman Singh
Director of Community Relations
(510) 979-9066Press@TReXGlobal.com

Nov 18

New Pay Rent Online service from TReXGlobal.com $5 per transaction and One Month Credit after first transactio

FREMONT, California — TReXGlobal.com, makers of SimplifyEm Property Management Software ( http://www.trexglobal.com/property-management-software ) launched standalone SimplifyEm Pay Rent ( http://www.trexglobal.com/pay-rent ) service to collect and pay rent online.

90% of rents are paid with a paper check. Rent collection, billing and payments are still a paper and
phone call driven process. This results in landlords and property managers wasting time collecting rent
and having sleepless nights over cash flow. Tenants end up paying late fees.
SimplifyEm Pay Rent’s innovative design makes it the easiest to use solution for collecting and paying
rent online. Landlords and property managers can be setup in a minute to collect rent online. Tenants
can approve online rent payments in less than a minute. Some of the benefits of SimplfiyEm Pay Rent are:
·         Set up of Online Rent Collection and Payment is a snap
·         Tenants Pay Rent On Time
·         No more Bank Trips
·         Safe and Secure rent collection and payment using latest Internet Security Protocols

SimplifyEm Pay Rent costs $5.00 per transaction and landlords, property managers or tenants can cancel any time. Any user who signs up before the end of 2009 will get one-month credit after first transaction. To get started go to www.trexglobal.com/pay-rent

About TReXGlobal.com

TReXGlobal.com builds property management software, ( http://www.trexglobal.com/property-management-software )  pay rent ( http://www.trexglobal.com/pay-rent ) online, and tax filing web tools for investors to save time and money. The TReXGlobal.com Partner Program offers free real estate marketing tools to help real estate professionals grow their businesses by building strong relationships with real estate investors. Products offered by TReXGlobal.com include SimplifyEm.com Property Management Software ( http://www.trexglobal.com/property-management-software ) and Pay Rent ( http://www.trexglobal.com/pay-rent ) Online – Online Rent Payment solutions. TReXGlobal.com’s products have been featured in Forbes, Chicago Tribune, Accounting Today, WebCPA.com, Inman News and other publications. The company has partnerships with Fidelity National Real Estate Solutions (FNRES), Bay East Association of REALTORS®, San Diego Association of REALTORS®, IPX1031, RealTown – The Real Estate Network, and many other leading real estate companies. More information can be found at www.TReXGlobal.com.

Media Contact:

Niman Singh
Director of Community Relations
(510) 979-9066
Press@TReXGlobal.com

Oct 14

TReXGlobal Property Management Software to make available TransUnion’s easy and affordable tenant screening solution

FREMONT, California – October 6, 2009 — TReXGlobal.com, makers of SimplifyEm Property Management Software ( http://www.trexglobal.com/property-management-software ) and Pay Rent ( http://www.trexglobal.com/pay-rent )Online Solutions, will begin making TransUnion’s tenant screening solution available for its more than 20,000 users comprised of real estate investors, landlords (http://www.trexglobal.com/landlord )and property managers ( http://www.trexglobal.com/property-manager ).

TransUnion’s online solution, SmartMoveSM, provides landlords with access to all the screening tools they need to make well informed leasing decisions. Rental applicants also benefit from using the service as it has no adverse impact on the individual’s credit score and offers the ability to keep personal data such as Social Security numbers private.

Some key capabilities of the SmartMove include:

  • The delivery of fast and reliable leasing recommendations based on the landlord or property manager’s criteria and TransUnion’s data and analytics;
  • An easy online enrollment process that increases efficiency by giving rental owners prompt access to the service upon receipt of authorization from the prospective renter; and
  • Access to one of the largest credit, criminal and eviction databases to assist landlords in verifying applicant information.

This easy-to-use tenant screening solution is available at TReXGlobal.com.

About TReXGlobal.com

TReXGlobal.com builds property management software ( http://www.trexglobal.com/property-management-software ) pay rent ( http://www.trexglobal.com/pay-rent ) online, and tax filing web tools for investors to save time and money. The TReXGlobal.com Partner Program offers free real estate marketing tools to help real estate professionals grow their businesses by building strong relationships with real estate investors. Products offered by TReXGlobal.com include SimplifyEm.com Property Management Software ( http://www.trexglobal.com/property-management-software ) and Pay Rent ( http://www.trexglobal.com/pay-rent ) Online – Online Rent Payment solutions. TReXGlobal.com’s products have been featured in Forbes, Chicago Tribune, Accounting Today, WebCPA.com, Inman News and other publications. The company has partnerships with Fidelity National Real Estate Solutions (FNRES), Bay East Association of REALTORS®, IPX1031, RealTown – The Real Estate Network, and many other leading real estate companies. More information can be found at TReXGlobal.com.

About TransUnion

As a global leader in credit and information management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion provides the tools, resources and education to help manage their credit health and achieve their financial goals. Through these and other efforts, TransUnion is working to build stronger economies worldwide. Founded in 1968 and headquartered in Chicago, TransUnion employs more than 3,600 employees in 25 countries on five continents.  www.transunion.com

Media Contact:

Niman Singh
Director of Community Relations
(510) 979-9066
Press@TReXGlobal.com