The following is listed under the listing of amounts to be credited against minimum wage:(E) If, as a condition of employment, the employee must live at the place of employment or occupy quarters owned or under the control of the employer, then the employer may not charge rent in excess of the values listed herein.Another property owner that I know provided me with the two scenarios that I listed in my original posting.

And is that something I have to pay immediately, quarterly, or just by the end of the year.

Clay, are still in the business of helping people find a private lender in Georgia?

I am told you have to water your foundation because it is a slab and is on clay that drys up to much in the summer.

So, you're paying a dollar to the bank to keep from paying a quarter to the gov't.

:lol: My maintenance of the portfolio is a moment or two a day, and perhaps an hour or so of research every quarter or so.

It'll always look good, keep the neighbors happy also.I do quarterly pest spraying and go through the units quarterly.

Also PAY OFF ALL YOUR DEBTS, don't let others convince you that a dollar paid to a bank to keep from paying the government a quarter is a good deal.

Set up an account that will auto pay the mortgage payment which can get you a very small break on the interest rate (usually a quarter to half a percent for having auto pay).

Write it down, and send me a quarter.)