Pitfalls of Paying Resident Managers a Generous Salary (“No Good Deed Goes Unpunished”) by Gary Ganchrow, Attorney
This is a mostly true story – (of course, the names have been changed). But do not expect a “happily ever after” ending, which would defeat the point I hope to bring across. Once upon a time, Mrs. Smith (I know – so original!) bought a 36-unit apartment building and hired a woman, Laila, to…