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Updated over 1 year ago on . Most recent reply
What do you pay yourself or let your property manager pay on your behalf?
Does your property manager pay property taxes and mortgage on your behalf?
All rental property expenses paid through the trust account I have with my management company, including property tax and mortgage. I like having everything coming from one account since it feels neat and organized.
I get copies of all mortgage statements and property tax statements so I know each bill is being paid.
Recently someone told me they'd never do this - "what happens if they forget to pay?"
What you the rest of you prefer and why?
Thanks!