With any business, especially investments, there are a ton of sharks out there just looking for a gullible mark to target in on.

You might also meet someone that could be a potential business partner.

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

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.

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

I won't bore you with the details of the restoration business, but I just wanted to jump in here and tell you that Xactimate is probably not what you're looking for.I do flips and rentals on the side, and I'm looking for a simple software to track those too.

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