Then, I am betting the property needs a ton of cash for the plumbing, electrical and heating system(s) and does the property have a separate heating system for each unit."

Albeit two separate dwellings.

My grandmother left me her house in a great location in town in a good neighborhood close to good schools and 2 large hospitals. 3 bed, 2 bath with a large living room and separate den (I use as an office).

I recently separated from the Marine Corps and am eager to get into the world of Real Estate Investing.

I'm assuming there's separate furnaces, since the tenants pay the gas.

As far as running a business, would an LLC be enough to cover the whole property, or would it make more sense to structure it in a way that was separate from the residential.This question is just off the top of my head as I just came across the lead, and am going to look into it more. any ideas would be appreciated.

Q: is there a separate BP forum for STRs?

For depreciation on one of the properties, I was planning on separating/segregating carpet, floating LVP flooring, cabinets, dishwasher, microwave, oven, and a shed as separate assets from the building and using 100% bonus depreciation to deduct fully this first year.

When I was issued a development permit, for the basement suite, they also provided me with a legal separate address from the main unit.

We were really hoping to buy this property and rent out the basement in two separate units either on AirBnB or longer term.At this point, I'm wondering if I should still offer since the numbers are only where I want them to be renting out two units.