It's important to keep your personal funds separate from the funds of the triplex which is a business. 

Has anyone seen any different ways to value these businesses? 

BP’s team has let me know that I may not attach full third party market reports due to my business phone number which appears on the market reports, so I have parsed some of the market data from them to include in this post along with data from the MLS which was pulled on 4/17/2024. 

Depending on location, you can go mid term rental target traveling nurses/ business travelers (if you are subject to HOA rules check that first to see if its allowed). 

@Don KonipolThe same can be said on note investing as wellI had a conversation with another investor and asked them “how many gurus / people with training programs are actually actively buying in the business”You could hear the crickets.

It appears that the full building is a rental(business asset) which is therefore, eligible to benefit from the cost segregation study.

Hi Salvatore,If you don't transfer the title and the mortgage to the LLC and do all the paperwork to show your LLC instead of your name, then you are still liable for any issue that happens to your tenant if they want to sue you.Mortgage companies in general allow to transfer to an LLC after one or two years.As Bill's mentioned, don't commingle funds is key as well, as soon as an LLC is open you have to open an LLC business account and everything towards the LLC goes there.

But this deal had nothing to do with their business.

I have $14k saved up right now and I have my own business, from which I earn about $1-2k per month. 

So I was buying repair items for my rental at Home Depot and I forgot and used my personal debit card...is there a simple way of expensing the items and paying for them out of the business account AFTER the fact?