A recurring objection to permanent insurance is the perceived "high cost" of the premiums as compared to the perceived "low cost" of term insurance.Something to understand: Term insurance is a true cost. 

Hey @Chris, another way to think about it is in terms of acquisition costs (most of your fixed costs, which are just buyers negotiable closing costs), holding or carrying costs (recurring payments of taxes, insurance, utilities, routine maintenance, etc.), renovation costs, and disposition costs (seller's closing amounts for transfer taxes and fees, realty commissions, atty fees, title fees, etc).

HiI am having a hard time understanding how one should pay himself within a family partnership (LLLP).i have limited understanding in taxation*My accountant advised we have a salary paid by the entity, essentially making us employees.i read that there are some caveats to that, is there an alternative/conventional way to set-up recurring compensation?

I am having a hard time understanding how one should pay himself within a family partnership (LLLP).i have limited understanding in taxation*My accountant advised we have a salary paid by the entity, essentially making us employees.i read that there are some caveats to that, is there an alternative/conventional way to set-up recurring compensation?

We use our banks Bill Pay feature which allows us to specify recurring payments for a recipient, amount and mailing address.

I would ask for that to be taken out.Also, many banks put in a lot of recurring requirements, but than don’t really ask for them every year.

Or was it more of a recurring pattern... such as first week of the following months etc. etc.

This fee is payed when the property is resold.9.9% interest only payments recurring monthly until property is resold and loan is repaid.Does that sound about right?

QBO is able to set up recurring payments with card or ACH transfer.

(meaning if you sold it $550k, and on budget, how many months can you hold it while paying recurring costs (taxes, utilities, insurance, landscape, etc.).