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Updated 9 months ago, 03/29/2024
Making rental properties into a business.
Hello! Can someone point me to a podcast, book or blog post about how to run your rental properties as a business. How do we know we qualify and what are the steps? We own two single family rental properties and an ADU in our back yard. I am not sure this qualifies. We do have an LLC created. In addition, my husband does some side work doing landscaping, installing turf, etc. Is there a way to group the rental properties and the work he does in turf/landscaping all under the same business?