How do you separate yourself from your competition?

Many people think that renting and owning a home are two separate paths.

This means that to benefit from the separation between my personal assets and the company’s assets, I need to establish the LLC in New York State.However, I’ve found that the start-up costs and procedures for opening an LLC in New York State are significantly higher and more complex compared to other states (such as the requirement to advertise in several newspapers for an extended period).

The BIG issue is the EX-Wife who wishes to maintain a life style she clearly cannot afford and wants to STAY in the home with the Children BUT cannot AFFORD to make the payments on such DEBT that would allow for that (thus her need for $300K +/- in extra proceeds that would in essence be used to make those payments for the 3 years)Sadly yes there are consequences when families break up, separation's and marital divorce happens.

Wood work and gutter work separate from the paint bid.

Make sure to open a separate business account for the LLC to avoid co-mingling personal and rental funds.Unless legally required, avoid getting MMLLC as it requires you to file a separate tax return.

What is the legal way to separate out one lot, and sell it for $1M? 

@Masyn Grant Barney I will definitely be looking for that separate entrance basement.

In my view, it'd also be wise to have emergency reserves available for your duplex as well, separate from your personal reserves.Roth IRAs are great tools for investing, assuming you qualify to do so based on earned income thresholds.

Questions: 1) Is this a good structure OR should I keep Operations LLC (Y) separate from Parent Holding LLC (X) and not under it to avoid any legal complications ?