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October, 2024

Tuesday
15
More Info
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First, the Winnebago County Sheriff’s Department will present on new eviction procedures. This session is critical for ensuring that everyone is informed and prepared for quick and smooth eviction processes. As the landscape of property management continues to evolve, staying up to date with the latest legal requirements and best practices is essential. The Sheriff’s Department will cover everything from updated legal timelines, tenant notification protocols, and necessary documentation to ensure compliance. Attendees will have the opportunity to ask questions and gain practical insights that will help them navigate the eviction process efficiently and lawfully. This is an essential update for all attendees, especially property managers, landlords, and real estate professionals involved in property management. Next, we will hear from **Kevin J. Cawley** of **Cost Segregation Services, Inc.** Kevin and his company specialize in cost segregation studies, which take an engineering-based approach to depreciation. By reclassifying parts, pieces, and components of investment properties (residential or commercial) and equipment, these assets can be depreciated on shorter schedules—5, 7, or 15 years—rather than the standard 27.5 years for residential or 39 years for commercial properties. This reclassification results in a significant reduction in current taxable income, leading to improved cash flow. Kevin‘s presentation will highlight how this process can benefit property owners financially. Finally, we will hear from **Toni Vanderheyden** and **Greg Saunders**, two experts in the field of real estate. They will offer an in-depth presentation on the real estate market, reviewing important past trends, analyzing current market conditions, and providing insights into future forecasting. This will be a great opportunity to understand the key factors driving the market and what to expect in the the months and years ahead.