Question:Should you form a LLC with 2 multi-plexes? Say if you have 2 4 unit apartment buildings 1 A Avenue and 2 A Avenue. Should you form 1 LLC or 2 LLC's? Advice? Suggestions? What is the idea behind an LLC? Thanks...
Hello All,
I paid a real estate attorney to set up a Texas Series LLC for my real estate rental business. I am treating the main LLC as the parent/holding company and have placed one property that is paid for in one...
View report
*This link comes directly from our calculators, based on information input by the member who posted.Bathroom Information# of Baths (Full): 4
Room Information# of Rooms: 15Basement: Finis...
Wondering if the city of Roy Utah it would be legal for me to add a mother in law apartment and rent out my basement?
I just bought my first rental property and have tenants moving in soon. I am now weighing the pros and cons of using my normal checking and savings account to manage business income and expenses or going ahead and set...
Hello! With a Multi-family rental property what utility costs are expected? Is it possible to have the tenant pay the utility costs if their unit in the property is individually metered for electricity, heat and water...
I have found a good deal in Philadelphia. It is a single Family house that was separateed into two separate units with separate electric meters. It is still listed as a single-family house and it is zoned RSa-2. I w...
Hi BP,I am planning to lease out a separate room in the house with its private entrance, kitchenette, bathroom and separate thermostat. The room has individual outside AC unit. However there is only one meter for the...
I am getting ready to close on my first property should I set up a business bank account to put my cash reserves and for the rent checks to deposit into? Thanks for all of the help.
HI, We are taking over a rental unit from current rent managament company we had hired. I was wondering what is the best way to collect rent going forward. Is it recommended to have a separate checking account for th...