Quite honestly, all this will do is complicate things for you (as it did for me)...essentially, since they are both single member LLCs, you'll basically have to report the separate activities on two separate Schedule Cs for income tax purposes...

Because it is a duplex you may benefit from looking into other banks in your area, especially small banks and not the big names.

Hey @Ben Lacher I'm essentially dedicating my day to tracking down contractors.

Essentially you are asking the seller to report on the actual rent collected and expenses for each of the previous 12 months on the building. 

Properties in Wellesley and Weston are roaring high in the past decade and sometimes makes more returns than a multi-family, and it is easier to keep its value when there is financial down-turning.I understand that it is totally a personal choice based on the financial situation of a family, personal preference, and personal understanding and sense of risks/benefits with regarding to such choices.

You can also write a form email, so you can essentially send the same response to all inquiries, saving some time and giving them all the required information and attention.

@Justin R.Your CPA is being moderately conservative, and your QI is being extremely conservative.Nothing is wrong with either approach - as long as you knowingly choose the relative safety of a conservative approach over the financial benefits of a more aggressive approach. 

There is often a legal notice published for the benefit of the decedent's creditors. 

Honestly with your lack of experience, you would really benefit from an experienced agent to show you around a home.Even if you have your real estate license, they don't just give you a magic key to let you into any house.

I have recently had several clients pursue investments in New Hampshire. No more then 2 hours from Boston, one of the highest priced markets in the country you tend to find many good investments for much less acquisit...