An LLC is useful for two things: anonymity and legal protection.

The REITs are leveraged, but since I am not legally responsible for the debt, I don’t list it as an obligation.Create an LLC to hold title to the property.  

Who ultimately has to come up for tbe repair cost is a legal question between you and the neighbor.

If you have a claim (and a pool is a ticking time bomb for a claim), your insurance company and their legal counsel will want you to provide all evidence of pool upkeep, including the grounds area.

I'm still new to all of this and seeking any information or guidance anyone is willing to provide!

I've had some not happy when I have asked them to split it out.I've tried asking questions to the IRS customer service reps, and didn't have the best luck.While I cannot cite a specific official guidance on this issue, I consider debit cards exempt.

An LLC is useful for two things: anonymity and legal protection.

Upon inspection the appraiser will see the crawl space and see it was a mobile home plus a HUD tag and public record.One of the requirements in mobile home financing is the property "Must" be on a concrete permanent foundation(in order to be real property) on top of that it requires concrete pillars, skirting and the "Well and Septic" dug and placed within legal distance from subject property.

However, I thought the franchise might offer the guidance I needed. 

If not, there is a legal reason preventing them.