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2 January 2022 | 2 replies
When the reserves are needed, they are transferred back to the Operating Bank Account so that the expense may be paid out of the Operating Bank Account.The Reserve Bank Account includes sub accounts set up in your accounting system for the following reserves: Property tax reserve (fund this account monthly with 1/12 of the annual cost property tax expense)Insurance reserve (fund this account monthly with 1/12 of the annual cost of insurance)Replacement reserve (fund this account monthly in an amount to set aside sufficient funds to cover the rental property's anticipated [inevitable] future capital improvement expenses).
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22 June 2022 | 8 replies
The co-owners must retain their voting rights in a specific manner.6.
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12 January 2022 | 2 replies
How do I make a system that uses the drivers effectively?
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12 June 2022 | 7 replies
I currently go to college for my Network System Technology degree.
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4 January 2022 | 29 replies
I would set up a system that She can mail you the checks and move one.
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10 January 2022 | 39 replies
who up-votes these posts?
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3 January 2022 | 9 replies
Whether it’s voting on it or getting a sign off of approval from each owner.
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2 January 2022 | 1 reply
Learning macro-economics led me into real estate and crypto, as they are both potential life rafts in this sinking financial system.
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2 January 2022 | 2 replies
Better property mamagment and implemented systems.
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3 January 2022 | 1 reply
Better property mamagment and implemented systems.