It is a separate transaction.

The point is to create a separate route.

You also need a quit claim deed, in case there is a divorce/separation situation, so one can quit claim to the other.

You will sign: "For ABC Company, LLC, Joe Investor, Member" You will do the same thing for the Option, if that's a separate document.

Asking price $450kNOI: $4100 per monthTaxes: $5000Insurance: $3000Sewage: $1300Water: $1000Owner pays the gas for the whole building about $3500 - $5000 per yearEvery unit has separated electric meters There is a 230k mortgage on the property with monthly payment of $2300 Taxes and Insurance are included in the payment.

Both units have separate entrances, laundry hook-ups, separately metered.

If she was a landlord and hiring people to do work on the properties then you and she might want to put some assets into an irrevocable trust for the children.The above is made up but I think it will help drive the point home.For your parents to separate their rental property from other assets they own they need to not own the rentals.

It could also mean that you are better off separating the two lots even if you expect to retain them.

Even though LO's (like me) are registered nationally, we need to have a license in each state we lend.NOTE: request for loans should go to the separate subgroup on private lending

There are two separate entrances and fully separate kitchen/living areas (upstairs and downstairs).