@Christopher Lopez Great question.

@Christopher SmithI don’t think it was that complicated. 9 properties under 4 different LLCs and one umbrella LLC.

@Christopher WilchenskyBeware!

@Christopher Buford Example: -You get an owner disbursement sent you leaving a $300 reserve balance in your account for maintenance -A repair is needed and it costs $350... your account balance now in the Red by $50 (-$50... meaning your PM forwarded you their $ to complete your repair)-Your tenant does not make the next rent payment so the $50 delinquency remains, which would be remedied if the rent had been paid but hasn’t -Your PM would be in the hole by $50 until you satisfied the debt Your PM is telling you that they don’t want to withhold maintenance if the amount exceeds your reserve so their asking you to increase the reserve because they are expecting missed rents due to the pandemic.Hope this helps.

@Christopher AguileraOk, I found out is not 16 units.

@Christopher B Leab I would make it part of their rent as a bill back - a flat rate though.

@Christopher SmithIt's called the "Safe Harbor for Small Taxpayers".Have to consider all repairs, maintenance, improvements, and "similar" activities on the eligible building property for the 2% test.It is useful sometimes.

@Christopher Brown you will obviously need to bring this up to an attorney/accountant. 

Originally posted by @Christopher G.

@Christopher B.