Updated over 1 year ago on . Most recent reply
Paying Yourself for Your RE Services
We've been managing our properties for 2 years now and been doing a lot of the work ourselves to save money, such as yard maintenance, cleaning, unit flips, etc. How do you pay yourself? Is this easily possible without much of a tax burden? Do we pay ourselves as 1099 contractors or start reimbursing ourselves for the initial capital we invested? What do other hands on investors do? Hoping to get some advice, thank you in advance!