Management Fee
This topic has been locked as no posts have been made within the last 90 days.
Ian Cognito
21 Posts
2 Thanks
I fully manage a number of rental properties co-owned with my brother and sister. As the portfolio has grown, management now takes a significant proportion of my time and so I intend to charge a monthly fee (probably 10% of gross rental income). This cost would be divided equally among the 3 of us (and included in Property Expenses Box 25 within the UK Property Section of our tax returns, which I already complete). Are there any pitfalls that I/we should be aware of?
08/01/2014 16:46
Want to read more?
This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.
This topic has been locked as no posts have been made within the last 90 days.
