However, you’ll need to handle all the paperwork, figure out which forms to file, and stay on top of compliance requirements like annual reports.

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

I have meetings with my lawyer to discuss partnership contract and acct for the financial piece.Since this is extremely new, I am building a team of a contractor, broker, loan officer, accountant, Lawyer and investors. 

He reached out last night and we have an appointment this afternoon for a conference call with his new bookkeeper to review our account.

I have $80k liquid in CDs and savings accounts in the bank and a credit score between 760 - 780.

So, you could set it up, fund it, but then decide not to use it, and you'd never get hit with the annual flat fee. 

Make sure you have enough saved up not only for the down payment but also closing cost, plus some reserve in bank accounts or in other investment accounts!

Work currently in the accounting field and I’m a licensed CPA in the state of Ohio and West Virginia. 

Mostly on trade accounts with local businesses for the materials, some business credit cards, some of the contractors were OK with waiting 30 days for payment. 

We do semi-annual inspections & check to see if the filters are actually being changed.