Which means separate tax return for each LLC.

My wife and I ran numbers on an interesting seller financing deal for two separate multi-family properties being sold together, for a total of 8 units.The properties are in an area with low rents, and the asking price seemed a little high to us.

Imagine the 2 buildings are 2 separate properties.

Would it be better to own each duplex in a separate LLC or to put all three in one llc?

Hi,A house in an A neighborhood recently went on the market in my area that has two separate units with separate utilities.

BP has the calculators, so I would just do a separate packet per property, so that folks could see how it might look in bulk.The local REI group meetups are also good for getting to know private lenders, who have some spare cash sitting around.

Good luck, be sure to separate the ownership entities and pay a separate company the rent.

Hi Michael,If you are converting a standing structure (garage or splitting current home into separate units) the costs will be much less than building a new one, and with some handy work and sub-contracting yourself you can save a lot of cost. 

First of all, I am not an attorney....But one of my greatest difficulties/confusions has been the same topic, structuring an LLC with a partner and various deals.From what I understand, it is simplest to create separate LLCs for your deals with different partners.

What we underwrite is separate from what we execute.