I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

From tax stand point I would think you can separate from primary and be okay with IRS being that IRS will not be local code enforcement.  

As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.

The idea is to use this property as an office space, giving me the separation I need from home while providing a place for my assistant to work where I can be more hands-on with them.The business would pay rent for the property, which would cover its expenses.

The break-ins happened on 2 separate SFH that are not located near each other.

Constructing two 4,000-square-foot duplexes on separate parcels in San Ysidro would cost roughly $2.96 million, with a market value of $6.31 million, offering a 113% ROI.

And an actual lot split which was a SFH on .85 acre now turned into two separate lots, with a duplex on each lot.