What ideas do you all have about separating and sub-metering tenants' utilities?

Should I have two separate offers for each property or is it possible to add both properties to one offer contract?

These factors, which should continue to apply to the separate entity test under the check-the-box regulations, include—the sharing of profit from the business;the sharing of losses from the business;ownership of a capital interest or performance of substantial services;participation in management; andrepresentation to third parties as a partnership (including the filing of partnership returns, the existence of a partnership agreement).

Hey everyone, I have separate bank accounts for my rental business.

It has 8 one-bedroom units, 24 two-bedroom units, and 8 three-bedroom units, all of which are separately metered for electric.

No need to sit there and spend time trying to separate or even spend money on software to do that.

It would be a separate transaction, which means you are closing two loans and have two closing costs.

For example, most picture a construct where each property is individually defined, with separate land and structure being owned by individual owners, that than there is a Home Owners Association to govern, comprised of a board who has been elected into positions of governing, and most often who hire a property management firm to complete the day to day operational duties.

I enjoy investing in the Stock market as well, but my plan is to keep my Real Estate assets separate from my personal assets.Do people generally keep it in a Savings account for years?

So you want to convey your interest in the property to your LLC and your family member wants to convey their interest to a separate trust?