View report*This link comes directly from our calculators, based on information input by the member who posted.This duplex is in an "older" part of Arlington, and a property manager from BP thought the rental numbers were reasonable.

Single tenant buildings (especially larger or national) typically pay their own bills directly to the taxing and utility authorities (NNN leases, typically), or pay gross rent.

Like I said an attorney will be able to direct you best.I do agree when starting out buying in your name may be easier and then transferring it into an LLC after. 

If they provide you with the address, what's to stop you from working a side deal directly with the Seller?

Read this:  https://www.fool.com/investing/general/2015/10/02/...Under certain circumstances, you can roll-over your 401k to a self-directed IRA and buy a rental property from your IRA.1.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Hello everyone, I'm new to the Chicago area and have had succes with my recent marketing, email, and direct mail campaign.

My house is on the boarder of the property, and some of neighbors have expressed interest in purchasing part of the land directly behind their home if I can do all the paperwork.Is that the best use for the land?

What I did instead (as directed by SCDOR after some digging around) was fill out form ST-236 as the purchaser of the homes. 

None of my tenants use credit cards, they all set up direct withdrawals from their bank account.