For instance if I have two 2-1s, will they treat it as a 4-2 or two 2-1s?

The Fair Housing Act states that you cannot refuse to rent to someone (deny them housing) or otherwise treat them differently based on their race, color, religion, sex, disability, familial status, or national origin. 

Hardwood Floors    - How do you treat scratches from the dogs?    

Treat this business as if you were Warren Buffett, maximize your upside & protect your downside.  

Ultimately, as you scale up, you'll want to get in to the habit of treating your portfolio as a business, which means a separate bank account.

@Sean TiftHouse hacking makes your tax situation more complex.You purchased a property that is treated as both an investment property and a personal residence.

We're treating our HELOC as an emergency fund/reserves pot.

If you are just doing all this to flip it, it may be treated as "inventory" which gets you worse tax treatment (like as ordinary income vs.

Just remember that for every LLC you have you need to treat them as completely different businesses.

Is it allowable there to put siding over the paint, without treating it?