Husband and I have 3 rental properties between us that were we lived in separately at different points before getting married.

I've setup an LLC with a separate series for each of my rental properties (2 so far) I would like to set up a separate checking account for each series of the LLC.  

A basement with a separate entrance but no kitchen is not considered an ADU, and therefore does not have the 120 day limitation. 

Send both and separately and use certified USPS. 

Separate HVAC systems are a good idea too—makes things easier for tenants and utility billing.I’d also recommend talking to a contractor or local utility company about what’s needed for separate power meters and mailboxes.

Would like to become more savvy in the multi units properties realm separate from some of my commercial properties tenants who have excelled in that type real estate.   

I want to be able to keep business finances and liability separate.

It gets complicated if you use a HELOC towards two separate projects as you would need to pro-rate the interest across the two projects.However, the answer would be yes, they would be deductible.

I’ve been down this road before, and I’d love to share some insights that worked for me and others I’ve helped over the years.When you start paying yourself, the key is to separate business and personal finances as much as possible.

Below that is a parlor floor, which has the highest ceiling in the building and this floor is connected to the ground floor via an interior staircase which we added doors to both ends to break up the lower duplex into two separate living areas.