I haven't opened a separate account yet, but that is on my short list.

The cost of housing has definitely began separating classes in this country and generations.

When they finally split them into two separate sales I jumped on it.

@Taylor Cook Every deal I've done they cut the security deposits separate from the settlement statement.

Does 469(h)(5) specifically mention ability count spouses material participation even if filing separately - didn’t see this ….

It has a total of 5 bedrooms and 3 bathrooms, and the front bedroom was once two separate rooms, which could be easily converted back to make it a 6 bedroom/3 bathroom home.

I'm not looking to start with $260mil, I would love to start with $5mil which I can if a partner wanted me to finance 70% separately from them.  

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Source: I separated a multi-owner LLC building prior to closing to exchange into a property I own solely.

But after that ... hell, move out and you've got a duplex in what otherwise would have been single-family zoning.As it used to be in Denver and Colorado Springs and most cities in the state, you could rent an ADU separately when you live there, but once you moved out, you legally could only rent the whole property to one party.