Hi Guys,Having several properties divided into several LLCs.. these LLCs are owned by a Parent LLC, which is owned by a partnership.LLLP -> Holding LLC-> Rental LLC1/ LLC2 / LLC3All income/expenses are flowing out/in from a single bank account.im using QB to account and allocate by classes, so no mess there.i heard there is a need to have a bank account separate for each LLC, it seems excessive and cumbersome to me.is there a better way to go about this and maintain a balance between protection and ease of operating?

These are great clients to have because usually they'll buy a few properties a year, can afford to make cash offers, waive contingencies to get deals done with ease, and they are very savvy in their market & know exactly what they want and can tell you.

Even if I don’t necessarily need it, it would help me be more at ease knowing I have it. 

Info: This is an example, for discussion only.Layout Phase 1, 2 acresAssume the 4 acres is square.Setbacks- front/side/rearAssume roads are not allowed on this.Driveways- 25 foot295Buildings-15/ 30/40 foot590Turnarounds- 50 footGreen change or fill in info55555555555555555555555555555555555555555555555555555555555Not using 10’s for ease, definitely put in.10Rental Revenue:10Entrance# unitsUnit SizeRental ratemonthsGross1020515801219680010164201001219680010Gate106012103936001010@ 90% occupancy0.91010UnitsSplitsSplitsSplitsSplits@ 90% occupancy354240101511515202015152020102103104105Building installed cost106UnitsAvg cost107205320065600010816432005248001091010Average total cost11808001011101210131014Feet****************************************Yards****************************************Cubic Yards1015Concrete Estimate at 6 inches:6 inches1016Turn around275500.591.6716.67.17254.631017Turn around275500.591.6716.67.17254.631018Entrance25500.58.3316.67.1723.151019Driveways410250.5136.678.33.17189.811020Driveways410250.5136.678.33.17189.811021Driveways410250.5136.678.33.17189.811022Driveways410250.5136.678.33.17189.811023Driveways410250.5136.678.33.17189.8110241025Cubic yards roads1481.48102610271028Get a local Quote:Cost framed/poured/sawn456.38945233265710291030Driveway costs$676,133103110321033103410351036103710381039104010411010101010101010

You do this for ease of record keeping and not to piss your CPA off 

Hey Robert, Why not start with a House hack to ease the transition?

The current leases do not go into much detail on how the current property manager handles non-separated utilities so I thought I would reach out to you all.In the event that a property has utilities or services payable by the tenant but are not separately metered, what is the most efficient way to handle billing said tenants in regards to ease of self managing? 

For example, if you chose to SELL the property outright, you would not receive $800,000 but ALL of the equity....so let's just call it $1million for ease of math. 

I am seeking advice on how to ease long-time property owners' minds on section 8 voucher holders.

As for intellectual property rights, The SIC acts as the Colombian patent and trademark office which runs well and is the second fastest office in the world for  patent applications besides, Colombia ranked 53 out of 190 economies for ease of registering property, according to the 2017 Doing Business report, the same ranking it received in 2016.