Updated about 5 years ago on . Most recent reply
Partner Payments for Services?
Hello BP Fam! I have a 2-member LLC here and I provide all of the Property Management and Accounting/Bookkeeping/Tax for the LLC. My Partner occasionally will do some of the "manual labor" things that need to be done randomly for upkeep, but we mostly farm that out. My question is how to value the services I provide to the business.What is a fair price to charge either on a monthly basis for these services or a % of rent for these services? We currently only have 1 property but are in the market for more currently so will be adding more properties soon.