![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/739181/small_1621496444-avatar-erinnb1.jpg?twic=v1/output=image&v=2)
29 March 2020 | 2 replies
I didn't know if I should separate it or not, so I didn't.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1230362/small_1633287329-avatar-matthewc350.jpg?twic=v1/output=image&v=2)
8 May 2020 | 3 replies
I do not yet have an LLC set up for the property and have been putting all of the money through a separate checking account set up just for that property and will move it to an account held by an LLC later on.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1122776/small_1696552263-avatar-olumides1.jpg?twic=v1/output=image&v=2)
30 March 2020 | 3 replies
Are they all separate?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1568161/small_1621513675-avatar-williame123.jpg?twic=v1/output=image&v=2)
28 April 2020 | 23 replies
That is incorrect - 4+ units don't need to be filed on a separate corporate tax return.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/375455/small_1621447568-avatar-marcusj5.jpg?twic=v1/output=image&v=2)
24 April 2020 | 125 replies
I want a clear separation of business debt and personal debt (I won’t have any at that point) if possible.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1719041/small_1695833061-avatar-chrism1104.jpg?twic=v1/output=image&v=2)
30 March 2020 | 1 reply
Did you comingled the funds and expenses or do you hold a separate bank account?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1459553/small_1621512506-avatar-maxr60.jpg?twic=v1/output=image&v=2)
27 April 2020 | 6 replies
Plus, if you create a multi member LLC for each buy and hold deal, each deal is separated from the other and has its own set of books, bank account, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1719493/small_1694873992-avatar-steves588.jpg?twic=v1/output=image&v=2)
30 March 2020 | 2 replies
@Steve Salisbury forgot to mention make sure the meter main has 2 separate breakers dont double lug :)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1707980/small_1621514933-avatar-josea293.jpg?twic=v1/output=image&v=2)
30 March 2020 | 2 replies
ideally there are separate meters for each unit so whomever is living in each unit can pay their own utilities.