Might be a little bit confused here, but from what it sounds like you were involved in purchasing the property, renovating it and then selling it?

I will be graduating from college with an accounting degree in May of 2025.

While every forecast involves variables, we strive to provide the most realistic and actionable data possible so every owner can make the best decision for themselves.We take pride in our transparency, dedication, and commitment to creating successful partnerships.

Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.

I'm unclear what you mean by upgrading your accounting for the syndication.We use multifamily property management software.

This usually involves putting down 20% down payment on 150K-170K houses.

I will also add that many independent travelers that do room rentals enjoy having their own fridge.To keep things kosher in shared spaces, my friend who runs PadSplit says every room comes with one colors or plates cups etc to ensure that guests are accountable for their own dishes.

My question relates to when and how to structure a business account.

So we have to collect, account, and remit separately for them!

The HOA doesn't have the 10% minimum in their reserves account (savings account) and Freddie Mac won't lend on it.