We are closing on a legal duplex where we will be living in the main house and renting out the back house. The back house has separate gas and electric lines, but we're debating on adding a water line. The cost will b...

Hello,Right after the purchase I had gotten water heater replaced for a property in California.Now I am planning to convert upper floor into studio ADU. Now my question is, does ADU require separate water heater or ca...

Aloha everyone, Im considering putting in an offer for a 6 family property (25% DOWN) commercial loan that would cash flow instantly which is my primary goal. The only thing that bothers me is the fact that ALL utilit...

Hello!I am about to close out on my first rental property and wanted some advice on storing the cash flow every month. Should I open up a separate bank account? Or is there like a certain type of app that you guys use...

Hi there,I have a question about how hard and expensive to split Duplex in Sacramento, CA area into two separate parcels and independent halfplexes. Thanks,Natasha

Why do many investors say that you should keep your property management business in a separate LLC for tax benefits? What exactly are the tax benefits?

I do so the logistical benefit - if you have many proper...

I have a single member LLC that I established to conduct all rental business under. The LLC is a pass through entitiy and I pay taxes on my personal 1040.

Now I am interested in setting up another entity to...

Can a landlord rent a primary structure and an ADU separately? I am finding conflicting information about whether or not this is allowed in Jacksonville, Florida.
I've found info stating that the owner must live in o...

I bought a 2 family house and live in one of the rentals. Renters pay own utilities minus water and sewer. I created a security deposit and a personal account dentoted as a rental income checking account. My next move...

Hi all

I'm closing on my first property today a 3-family unit. I was wondering if I should set up another personal bank account for all activities. I'm going to be depositing my checks and if there are repairs I'm go...