Updated over 16 years ago on . Most recent reply
How do you handle work (management & labor) that you did yourself?
I'm interested to learn how people on these forums handle property management, labor, and any other expenses that you perform yourself.
Do you assign a value to your time and if so, is it market rate or do you use a discounted rate to increase the property's cashflow?
Do you pay yourself a salary/income or do you keep the money in the investment (in the bank account of the entity)?