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27 September 2024 | 15 replies
They will set you up on Quickbooks or something similar so you have separate areas for each property.
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27 September 2024 | 1 reply
My suggestion is the following:If all of your properties are in separate LLCs, under the Baselane Banking tab on the left, create an Account for each Entity you have.
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27 September 2024 | 0 replies
I have 2 separate Property owners where im located in Maine both looking to do joint venture deals where they provide the land and I get the project lined up and funded.
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30 September 2024 | 21 replies
Correct, think of the IRA as a separate person.
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27 September 2024 | 4 replies
It does not provide banking accounts for deposits/and to keep units separate.
26 September 2024 | 5 replies
If you want to set up one LLC I don't think that would be much different having a separate for each property.
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25 September 2024 | 7 replies
Here are some strategies I've come across:- separate LLCs for each property (or a series LLC).
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27 September 2024 | 6 replies
We charge one month rent and one month security deposit before move in (make sure payments have cleared before turning over keys) One month security is max allowable by Delaware Landlord Tenant code.If they have a pet you can charge a pet deposit (again, by state code, DE you can charge up to 1 month rent)If separately metered utilities, make sure they've transferred them into their name by providing account numbers and also a copy of their renter insurance before move in.Good luck!
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25 September 2024 | 4 replies
I currently have two tenants in a unit who pay separate utilities and rent under the same lease.
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26 September 2024 | 6 replies
But this could be overly complex when it comes to prorations for NNNs, since part of property is on GLA and other is on ground lease without being separately parceled.