Real Estate & Property Management

The real estate and property management industries were some of the hardest hit by the Covid-19 pandemic in terms of disruptions to operations. With significant travel and movement restrictions in place, property occupancy, rental demand and new construction projects were negatively affected. This led to financial strain for property owners and managers who were unable to do in-person property showings, accommodate visiting clients, or proceed with construction, property and maintenance projects.

The Coronavirus Aid, Relief, and Economic Security Act (CARES) recognized the challenges faced by real estate and property management businesses during the pandemic and provided the Employee Retention Credit (ERC) as part of its economic relief measures. The ERC provides financial support to businesses with a refundable tax credit of up to $5,000 per eligible employee for 2020 and $7,000 per quarter for the first three quarters of 2021

Am I Eligible?

Here are the most common ways businesses qualify for the ERC grant.

1. Reduced property occupancy and rental demand due to travel restrictions and government orders

1. Government restrictions impacting property showings and sales

1. Delayed construction and property maintenance work

1. Disruptions due to remote work mandates

1. Revenue decline

1. In-person meeting restrictions

Claim Your Opportunity: Get ERC Tax Credits for 2020 and 2021

Pretty much all real estate and property management businesses were affected by COVID-19. So don't miss out on the chance to claim the Employee Retention Credit (ERC) for the pandemic years! Even if you missed the initial deadline, the government has extended a three-year window to allow you to still apply. We recommend you act now to secure the ERC funds before any program changes take effect.

Connect with Our Dedicated ERC Support Team Today

We are proud to offer the easiest and fastest qualification process around. Our dedicated ERC support team can be reached through a quick phone call at 1-888-210-8870 or our chat service. We understand the importance of confidentiality, and all your interactions and appointments with us will be kept strictly confidential. Our specialists are here to assist real estate and property management businesses nationwide with every aspect of their ERC application process, so contact us today!