Sure one unit may have more occupants than the other, etc. but this is quite simply the simplest way and quite arguably the fairest way because of the issues with rubs above ; ESPECIALLY when this understood by the Tenant before moving in -- instead of focusing on utilities for the individual (RUBS) you are focusing on utilities for the space.

Which would make the LLC disregarded and the property would go on your individual tax return on Schedule E.

My goal is to learn from experienced members, exchange insights, and build connections with like-minded individuals who are passionate about growing in the real estate market.

@Ryan Kline You either have a balance sheet we all envy or you are an individual who has no confidence in their ability to be a good real estate operator.

I look forward to connecting with like-minded individuals, learning from your experiences, and sharing my journey in real estate investing.

We are excited to start building our network and meeting other individuals in the area.

While rent rates do increase, so do the potential headaches of managing multiple tenants.For example, here in Bryan and College Station, TX, you can get an extra 10% by renting out rooms individually.

Just to clarify, the individual you are replying to received their refund within days, as we noted earlier. 

Private Money Lenders:Pros: If you have a network of private investors, you can find individuals who lend money for a share of the profits.

Rather, the income from those entities flow-through to your individual tax return (Form 1040), where it's taxed along with all your other sources of personal income.