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26 November 2022 | 32 replies
This C-Corp is a 1% member of the WY holding LLC, so it is technically one of the owner of the properties titled in the sub LLC, and as such can manage them without needing a property manager license in some state.Using a C-Corp for the property management let me get all the fringe benefits you can get with a Corp (health reimbursement plan, solo 401k, deduct all investment expense).
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27 July 2016 | 10 replies
If you find it to be a mainstream concern or feel that demand for your rental is low, then maybe you can sway renters to choose recurring payments by offering to reimburse their payment fees every 6 months or every year.
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5 August 2016 | 19 replies
Had they spent extra money related to preserving the property (water,etc) that I would re-imburse but I don't know what you do besides leave with that kind of fire.
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13 October 2016 | 14 replies
Board of directors choose when they want to make a claim under master policy as well, so you have no control whether you are reimbursed under master policy for damages etc.
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2 March 2023 | 2 replies
Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.
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16 March 2023 | 4 replies
@Isabel RoseYou can offer to reimburse rent for nights spent elsewhere until issue is fixed (if daily rent is cheaper than airbnb).
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9 November 2022 | 6 replies
Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.
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8 November 2023 | 40 replies
We also handle ordering of all supplies/consumables, manage the cleans and trash pick up and minor repairs and get reimbursed monthly.
12 July 2021 | 71 replies
These young punks kept saying "good job" like a little pat on the head after they asked for a letter of explanation when I reimbursed someone a few dollars.
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29 May 2022 | 10 replies
If they fail, I have the collected money to cover expenses while I go after them for reimbursement.