When generating the tax ID from the IRS website the form has a separate area for mailing address... but for passive income for say rentals...if you don't office in that state, it is not always easy to have an associated physical address in another state. 

Just confused why roofstock show a separate expense for property management fee and repairs and maintenance.

Recently, I read the biography Snowball on Warren Buffet.There are many unique attributes that have made Warren Buffet one of the greatest investors of all time: his ability to ignore criticism, his long-term focus, his remarkable ability to devour his way through volumes of books without distraction, his detachment from emotion for investing, his tremendous frugality, and much more.Buffet does have something we can all replicate.

Also, each of you LLC's would have its own bank account giving you one more separation between your own accounts and the investment.I hope this helps get you started. 

The main home with JADU will be metered separately from the other 2 units and further the main home will pay 75% vice the 25% of the JADU for all water/ electrical / gas expenses. 2.

We did a lot of cosmetic work on the interiors, put up fences to separate the yards, and put in back yard patios.

Put in man hours clearing the property in the process of putting in a second culvert for vehicle access to a section separated by a creek

Many of our clients will have two separate business structures - one for flipping and one for holding and 1031ing. 

These are separate units that are either reported on SchE or SchC depending on how they handle them. 

Think of an LLC as a box and that you're putting each separate asset into its own box.