They had about 90k into the property.

We need to find a good app/website for them to send rent as well, preferably one that has many things built into it, making it more simple to manage things in one place.

But when dig into it..... 

While very lucrative - if you don't have enough reserves, it can really break the bank. 

So I am assuming you were the lender on these properties and they did not manage them well and they went into foreclosure.

For example, if you’re into turnkey properties, how much cash flow do you need for a deal to make sense for you?

To go a bit further into what Dmitriy mentioned, since your IRA earns the income the tax treatment is specific to your IRA.

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

It's creating new ways to unlock property potential and offers a pathway to profitable investments if you're targeting the right neighborhoods.Here’s the deal: SB-9 allows to split a single-family lot into two parcels and build up to four units.

Or take a break.