But it’s been a great business for us with minimal risk, a good return, and no need to please investors or manage employees!!!

There was an ad about a bank that lets you set up multiple accounts within the same business account, so you could set up one for each property you own but only have one login, etc.

Understand that you are no longer in traditional real estate/landlord business that you are in hospitality business weather you like it or noe even if someone else is managing the property.

If you see a retail shopping center with one or more vacancies, hop on google/yelp/etc to find out what business used to be there (old yelp reviews, for example).

The costs for the LLC business will be paid with the primary business card.  

I would equate it to managing yourself when you are not set up to manage properties.There is scalability in this...Now to play the Devils advocate if you get autopayments set-up you can always figure out how much interest was paid each year and what your payoff is so just decide how competent you are in that and be honest with yourself, there is nothing wrong in outsourcing parts of your business.

Most real estate agents don't understand the investor side of the business.

Tools like knife etc if have a business use you can write off.

Counter is that it's arguably not just a house, it's a running business.

It is too complex for them.So, the IRA that owns the LLC is not also a brokerage IRA. got it, thankyou, hopefully His trust/bank offers some better cash management options as we all know they are getting at least 5.33% from parking his money at FEDs reverse repo facility, or if they have any brains buying 4-8-13 week Tbills for 5.5%, then again they probably are and won't offer him any options so they can keep all that profit, which means there's a business opportunity for a trust co/bank that will