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Originally Posted by Pete What "fair share" is it the renters don't pay? |
Right now no matter how many lots a member owns they only pay one M&O fee.
Under my plan... every Improved lot would pay an M&O fee.... this is really making the rental owners angry....
But if we put this in effect... then it would take some of the burden off of the single lot owner.
I have some other sources of income too... but I figured this is fair because these people are in a sense running a business in CRE.... and in this case it would be totally tax deductable for them.
It took me a year to convince them I could do it...