He is telling me that it is my responsibility to pay for a new HVAC unit which will run between $7k-$8k.  

Math can sometimes be fuzzy for me but when you pay yourself $7 million and send back $1 million, you're not contributing.

Or could I 3 properties flow into one account and pay all expenses from there.  

@Nadir M. you would show 100% of whatever you collected on behalf of an owner.Of course, if tenant pays via credit card, you would NOT include the credit card fees, because you did not receive them.From the funds in your OPERATING account, you would pay any expenses on behalf of the owner, including your management fees - which you woul transfer to your PMC account.Owner will be paid from Operating account.Your vendors (office expenses, auto, etc) would be paid from your PMC account.Year end, you are require by IRS to send a 1099 with GROSS amount collected on behalf of owner.

If they buy something for your property and you pay them back, it’s just like you bought it yourself—so you can count it as an expense in your bookkeeping.If they don’t get reimbursed, then technically it’s a gift/donation, and you can’t deduct it as an expense.

I unfortunately basically had to switch to desktop to use the software. 4) Tenants have to pay a $1 transfer fee to pay through RentRedi.

There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.  

And if the buyer defaults and stops paying, then you just foreclose on them just as any bank would foreclose on a buyer who stops paying.

I would also pay by activity not by the hour.  

I also have hosted an international student with a program that pays.