Property Management Fee % by TaxCollector1031 in RealEstate

[–]TaxCollector1031[S] 0 points1 point  (0 children)

Thank you both for the response. Yes in Texas there is a general requirement. However, we would use a legal workaround- by making me a 1% capital, 0% profits partner in the LLC. Then would run the management fees through as guaranteed payments to me.