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Updated almost 7 years ago,
Can I pay myself as a property manager?
I have been managing my own rental properties for last five years and I have a full time job besides my rentals so I have never paid myself any management fee. I heard some of investors suggested I should pay myself 10% of the management fee since I'm doing everything. What are the recommendations on this topic? What are those pros & cons for doing that? I really appreciate your feedbacks!