Only one bank account needed, but you'd have to track income & expenses to do transfer and year-end accounting.As @Nathan Gesner mentioned, not really worth it.You two could also open a joint bank account for collecting rent and pay expenses, just be sure to track everything.Do NOT do what @Paul De Luca stated about transferring title!

I am remaining diligent with this project because I am rusted around the joints.

Each "bending the knee" as it were to this unified currency and I bet ya that's the sticking point, thankfully.

@Sol Bergren with the lifeproof you tap the butt joints down/together to lock them.

Curious if anyone has experience co-buying a home using joint financing and then, like so many do, after a year+, flipping the home into an LLC?

When I first started the thread I was just learning about DST's and my knee jerk reaction was to 1031 my primary asset(37 unit apartment building in Hollywood, with very little debt) and dump all the appreciation into the DST, and walk away from toilets, trash, tenants. 

Historically cleaning fee's reflected pre-Airbnb the  way that Mom and Pop joints allowed customers to pick if they would clean up the cabin or if the resort did. 

I also have no intention of investing in rental properties in the UK no more due to a lot of horror stories and potential new changes in laws, which is why I am very eager to explore the US rental market.I am not a US citizen, my partner is and it will be a joint venture.

For example, in 2024, as a single individual, you make less than $146,000 MAGI, you can make a full contribution to the Roth, $230,000 if married filing a joint return.

If you are all going to be active in the business, then you can probably structure as a joint venture.