Sometimes, the address describes a house, but the auctioned parcel is for basically half of the address which is split into two separate lots (one with a house and the other without one). 

I’m sure this is an emotional decision and without knowing your particular financial situation or your mom’s I’m cautious to give too much opinion.

Not that California is the norm but my instincts are to keep the estoppel and new ownership notice separate.

They allow you to have multiple portfolios, so I can track my Detroit properties under management separately from my others. 

They're seldom home during the day and on weekends.The upstairs tenant texted me yesterday (I do have a separate phone line for our properties) saying she's having noise issues with the downstairs tenants: banging the screen door closed after she's gone to sleep on weeknights (11:00pm), talking on the phone at 1:30am, up and about at 2:30am on the weekend.

Additionally, I don't believe Form 4797 should be generated for this transaction.Please confirm that, for reporting a 1031 exchange from one residential rental to two residential rentals, I need to prepare a separate statement and only complete lines 19 through 25 on Form 8824.

When I saw my tax advisor/attorney, he said another option would be to have a separate LLC for each property with a holding company for expenses common to all properties and to make distributions and contributions.

In just the last few years we have seen two separate legislative adjustments to the treatment of Inherited IRAs (Secure Act and Secure Act 2.0).

If I am renting a property of mine just under my personal name do I need to set up a separate bank account and pay the property loan, taxes, insurance etc out of that separate account?

It’s easy to get discouraged if your efforts don’t pay off right away, but staying the course is what separates the good from the great.This is exactly what Shelly and I did in New Hampshire.