TP gets paid a salary for managing all the deals (each a separate entity generating k-1s) and also has the opportunity to be a partner in the deals.

.### Option 1: Single Loan Per Property- **Pros**: Each property's loan is separate, so if one property has issues, it won't affect the others.

Is this a separate private unit, anything shared?

I believe it’s important to address these two items separately: First, there  are still ways to find out the identify of the member(s) behind the LLC and secondly these anonymity strategies do not actually shield liability because claims are still brought regardless of whether the members of the LLC are identifiable.

I appreciate the advice, because of the low availability in this area for multifamily homes with separate units, I thought room rentals could be a solution.

For the last part, why not use a separate calculator (that allows for additional payments) and compare it to the AIO so you have an apples to apples comparison of the total P&I payments and payoff timing forecast.

In the future, I recommend keeping any investing separate from your personal finances.

That said, it looks like if I rent out the bedrooms separately, I can earn more for the property overall (500-600 per bedroom vs 800-900 for the whole house.)

After contacting four insurance agents, I've been consistently told that I need to purchase two separate policies: one for standard coverage and another for liability.The only option presented to me is the California Fair Plan, which offers limited coverage.

Do I have to complete the separation of units by January 1st to write off half of my closing costs/other expenses?