You have 2 roofs)Insurance $100.00 ($1200/year seems low to me for 2 separate houses.

If you just want something more professional, separation legally from yourself, and do it for separate taxes purposes (like me) save the money.

The buyer closes on his HUD-1, sale price is 27K with costs of assignment as a separate line item of 10K.

Going forward, any additional purchases I make will be done under separate LLCs.

That is where I learned all about parking, laundry, utilities and managing people separated by 6" of wood and drywall.

If so I would add a separate income line for that.

So I thought to have to have the front and back spigot separated during the repair.

It would make sense that it's a separate systems.

You will also want to ask your lawyer if you should have separate classes of shares for all shareowners and/or if each couple should have their own holding company which, in-turn, owns the principal company.

The owners didn't even have the electricity (heat) to two of the units separated, so the owner is actually footing the electric bill (avg. $230 / month).