Bank Recommendations:Chase and Bank of America are popular because of their extensive business banking features and integrations with bookkeeping tools.Smaller community banks or credit unions can offer more personalized service and lower fees, but make sure they support series LLCs.Online banks like Novo or Mercury are great for tech-savvy users who want low fees and easy online management.What to Watch Out For:Hidden fees for transactions or deposits.Limitations on the number of accounts or ACH payments.Difficulty in maintaining clear separation between the series, which could risk the limited liability protection of your LLC.Since you’re using a Series LLC structure, it’s crucial to keep each property’s finances completely separate to maintain liability protection.

Can confirm Joseph is a real person 

You’re still going to be personally sued when something goes wrong. 

Everything in tax depends on the personal situation. 

I will be renting ADU fulltime and will not use for personal usage.

Hi Eric, I use Doug Lyons with Lyons Home Inspections for all of my personal properties and all of my clients.

I personally own investment properties in Columbus, Ohio. 

I am particularly interested in learning about finding good deals, budgeting for renovations, and avoiding common pitfalls. if anyone has any advice, recommended resources, or personal experiences to share, I'd really appreciate it! 

When I asked why I was paying for a service fee during a period where I never turned on service, the customer service person explained that even if I didn't have service turned on, and there was no usage, there is a monthly fee for the line that runs from the street to my house so that when I reconnect, they don't have to rip up the ground and put in a new line.To me this sounded ridiculous and the power and gas companies are not charging any such fees. 

I'm not sure about the potential for liability in a wrongful death suit if somebody is injured or killed in the fire, but definitely would not want to find out personally, nor would I want to live with that on my conscience.