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Grace Porritt
  • Investor
  • Boulder, CO
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Should I Pay Myself as a Manager?

Grace Porritt
  • Investor
  • Boulder, CO
Posted May 7 2016, 07:00

I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact. I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my longer term rental. Is this wise? Would it be better to just take an owner draw? FYI, I have an LLC.

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