Even an individual owner of real estate has to answer to someone, or some group (bank, spouse, heirs, etc).

And most importantly he should be teaching you how to keep track of new items for depreciation.

If the units are individually metered, what utilities are the owners usually responsible for?

Hi, I was wondering if sending yellow letters was mostly used just for sfh and individual property owners.

If you use the 50 percent rule, which is probably about as accurate of a crystal ball as any other method (and will still not hit the mark on many individual years) then, of your gross rents you would have 1050/month to count toward your debt service (principal and interest) and the remaining toward your cash flow.So, I can't tell what percent of your PITI is T&I, but I would guess it is around 300/month.

And the caliber of individual you will deal with is so low you'll wish you never started.

Regarding individual fees, both companies get multiple quotes and get my approval before starting work.

If you have an individual seller, you can probably make it work.

Help you define the appropriate business structures, both from a legal protection and from a financial/tax perspectiveHelp you create a tax strategy for your business that will allow you to legally keep as much money as you possibly canHelp you make smart decisions with respect to your individual real estate investmentsPrepare your annual tax returnsRecommend other team members (attorney, insurance agent, real estate agent, etc) who can help make your business a successWhat are your credentials?

On the multi-member LLC, they will consolidate the member's financial data to derive ratios, and they will also evaluate the individual members.