I can't begin to tell you how grateful I am if I can get just a few startup questions answered...ENTITIESReal Estate BrokerageREI Tech Company.comProperty Mgmt CoConstruction CoFinancing CoREI Tech Co Apps/Software (IP Involved)REI Marketing & AcquisitionsREI Fix & Flip Co (Same Co as M&A)REI Buy & Hold CoREI Joint Ventures (Flips & Holds)Q: It's been advised that we separate each division beneath one Parent Company 'PCo'.Our DilemmaThe REI Tech Co would be a platform to make offers, auction, and buy Real Estate similar to RealtyBid.com, Auction.com, and Hubzu.com only targeted toward a completely different niche.We intended to charge a Buyer/Seller premium which would be based on a % of the total offer/listing/bid (TBD) in addition to fees for premium services (featuring property, BPO, web based tools, privileges, etc).No doubt the % would be viewed as a consideration for a Real Estate Transaction so the Tech co would need to be licensed.The buyer would have the option to use our Construction Co 'CCo' for rehabs/maintenance and Property Mgmt 'PM'.

I was lucky after opening up a wall in one of the units to find out that the plumbing system for each unit is separate.

The insurance agent would write a separate policy if the garage were a separately lived in.  

@Patrick Schoenecker If the utilities are separate for each unit then have them pay for their own utilities in the future.

I have a career job so I have separate income  as well.

They are both knowledgeable in real estate law and LLC formations.I would think that it would be best to hold the real estate investments in a separate LLC (you can always chose a variation of your current LLC name).

Two separate issues neither of which is worth bragging about, especially on a public forum."

I'm not talking about separate LLC's for each house, I'm talking about separate policies for each house. 

Account Closed Beginning in 2013, a new 20% rate on net capital gain applies to the extent that a taxpayer’s taxable income exceeds the thresholds set for the new 39.6% ordinary tax rate ($400,000 for single; $450,000 for married filing jointly or qualifying widow(er); $425,000 for head of household, and $225,000 for married filing separately).

The other unit is vacant and updated.Utilities-All separate and tenants pay their own