Property Manager Living On-Site..

Question: The property manager was living on site, she had a great 2 bedroom apartment, we let her remodel it $11,000.00, plus, we paid 1/2 of her utilities, (this is pre-me getting involved). Now she has moved off site, is it customary to include the 'rent' as part of her salary? She makes $40k annually.

I live on site. I redecorated my apartment also, with them furnishing the materials and my husband doing the work (as he was out of work at the tme). Normally if the personel is required to live on property, then, yes he rent is usually part of the package. If not required, then, what ever they can neg. They do not pay asny part of my bills and I don't make any where near what does. I hope this helps. If you are looking for a new manager, let me know!

As an OnSite PM, the Only thing that is included is Rent, which includes Water, Gas, Trash and Waste Water; I pay my own Electric, Phone, Cable and Internet. Were I to move off property into a house, I would not receive any benefit of Rent or Utility payment to supplement the "loss". Some may say that my Rent is "income" but others would disagree, stating that if I wouldn't get paid the extra each month were I not living OnSite, it shouldn't count while I am. Being an OnSite Manager has it's Ups and Downs, but overall, it's a benefit to the Owners/PMC because we're accountable for the community 24/7, and available in the event of an Emergency.
I did have my apartment rennovated 2.5 years ago, and the property paid for it. My annual salary is less than $24,000, and I manage a property with less than 100 units.

I hope my post goes through...it wouldn't let me Login w/FaceBook....

ok, apparently my LONG reply didn't post....so let me see if my Short one willl

I currently live OnSite. My Annual Salary is less than $24,000. My rent, which includes Water, Gas, Trash and Waste Water, is paid.

If I were to move off Property, I would not receive any extra.

OnSite PM's are a benefit to the community!

Also, my unit was rennovated 2.5 years ago...the Owner Paid for it. Roughly $8000

I have been in the business for 15 years living on and off the properties. Being that I have chose this as a career path I beleive it to be in the best interest of all to allow the managers or personnel to live on site. You see, in my eyes this is my career my life and I love it! Its my home and I take pride and ownership in my home. Residents like the fact that I too live on site and take notice to hopefully my 'GOOD EXAMPLES" of living and care for my unit and the outside. I raised my children in apt. style living and they too understand the value of property, others and rules of living close quarters. A few upgrades should not be too much to ask as long as they are appreciated. I prefer as much as my staff as possible to live on site so that those extra eyes and hears are always available. However, I do not socialize with residents as I learned a long time ago this can back fire on you, but being polite and curtious usually gets you excused from any invitations that would not be appropriate.

I say let staff live on site as long as they take pride and not ADVANTAGE of the situation.
my 2 cents anyway.
kim

Actually, any concession the employee receive should be documented in their salary, as they are still responsible for the tax on the amount received from concession. The IRS has made it clear, that the rental concession is to be considered income and that income is taxable.

At Maysonet, we list their based salary and then their rental allowance, and deduct the concession on each pay period. This way the amounts are properly taxed, and the employee understand their true salary.

Same thing we do for police officers and Maintenance Technicians receiving concession more than the 20% allowable exemption.

my husband maitance man on his apt job we have to live on site also pay full rent,

How would I apply for a live on site manger its just me and my 48 year old girlfriend.

I manage a 64 unit apartment community in South Florida. I make approximately $27000/yr and I'm about to move onsite with a 10% discount off the lowest rent currently being paid. Because the property is up for sale, we're writing the lease for 2 years with no addendum. Will keep you posted as to how it plays out.

Hello My name is Larry Cambron

Im currently living in Arkansas,USA im currently looking for work as a Apartment Manager in and for the right job and benfits i would be willing to relocate within the United States. My phone number is:
870.335.5981 or if no answer please try 870.530.9750 and leave a message and a name and return Phone number.

Thank You!
Larry G. Cambron,JR
1.870.335.5981 or
1.870.530.9750

P.S
Looking for employment as Apartment Manager or Asst. Apartmant Manager ot Maintenance man

If shes not on site remove the salery base given for the apartment from her pay. This position requires most managrts to live on site did she not sign an agreement that she is now breaking withou re negotiations. Unless another staff lives on site....wow, I would gladly manage your property and live on site no problem I love my career and take pride in it for over 15 years plus now managing. I get taxed for the apartment value of my pay my apartment is part of my pay.

As far as the IRS is concerned, free apartment is not included as salary. What you do is have them pay you the market value of your apt and then you write a check back to the owners to pay for the rent. By doing that you will have a much greater amount when collecting social security.

What was the original agreement with the onsite property manager ? With regards to rent and income

Hi my question is my landlord wants to make me a on site manager of 4 Apt only do I pay full rent or half rent. Thank you so much I appreciate it

Are you expected to make all repairs, as well?

I am inquiring about you live-on-site property manager. I was a property manager for a 40 unit apartment building in New Hampshire from-1985-1989. I loved it. I moved to Georgia and started a painting/remodeling business servicing upper-clientele. The business was very successful and operated for 12 years. I was in an automobile accident and had to have major back surgery and neck surgery. I suffered from long-term chronic pain due to the failed back surgery. Today, I am totally pain-free.



Please feel free to call me with any questions or concerns at 470-233-4582. I would enjoy being a property manager again, it was fun. I had the units at a 99% occupancy.

Is there someplace I can find a sample addendum for staff receiving a discount for living on site. This is something we are looking into offering.

Thank you.