It had a main house, a guest house, and we converted a shop into a grounds keeper's quarters.  

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.Now we syndicate larger self-storage deals and work with passive investors.

Haven't event discussed book mgt, tax filing, quarterly reporting, etc.  

That is unfortunate your tax credit would be quartered like that and doesn't benefit you the same as a sfh homeowner.

Just sayin'....If you are really worried about this, decrease your PMs reimbursement by the estimated amount of the monthly laundry income and let the PM keep the quarters.

Possibly convert a garage/basement as my living quarters and rent out the main portion.Thanks!!

Or sometimes meetings with city folks like last week had a sit down with the Public works department as we were scheduling a pre con meeting for a 27 lot subdivision I am building.Once quarter I take a road trip out east and visit half of my vendors that I fund fix and flips for ( I am not a HML) I only do Jv's with them I am a capital partner big difference. that's a week on the road..

If you’re interested in using an LLC, this article also further explains the advantages of a Series.The fourth pillar is somewhat similar - you want to separate your operations from your assets.

You may not have a quarter to your name and I'd say you deserve at least 1/3 of that deal, some would argue half.Get title connections, get insurance connections, get contractor connections. 

.- Homes for sale reached a fourth consecutive new all-time record low, down over 30% from last May.- The only other time inventory has shrunk during spring was in 2020.