If you know that something major will need replacement in the future, increase the monthly amount you are depositing into your reserve fund.

He has deposited $100,000 into the business account.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

🫣This doesn’t answer your question directly, but the whole concept is very close to the old time “rooming house”.  

Most lawsuits against landlords involve wrongful eviction, security deposit disputes, and Fair Housing Violations.

Wyoming permits directed trusts, which allow a 3rd party (often a trust advisor) to direct certain aspects of the trust's administration, providing greater flexibility and control to the trustor.6.

But then I was thinking to myself, the lot directly behind my current rental, in a fairly mature neighborhood, is empty. 

Feel free to message me direct..

I own both rentals directly and involved in a syndication.

I asked my CPA if I should check with my mortgage company before transferring the deed, but they advised that I just do the transfer through an attorney and not explicitly inform the bank.A few attorneys I consulted also had mixed responses, saying it may or may not be an issue, and that many investors do it without problems.Instead of transferring the properties directly to the LLC, would it make more sense to:1.