We pay certain managers fixed monthly salaries, such as $800. In this instance, if you do the same, do you withhold FICA (12%+) from that salary and send the net amount after withholding or do you gross up the salary to account for that 12% or so? The net amount would be around $704 and the gross $909.
Additionally, if paying an owner solely by free rent on a stick built home, would you pay FICA on this every paycheck? We pay one manager in free rent on a stick built home and the fair market value is $1200 per month.
Do you use a third party payroll processor or could a system like rent manager handle this?