James Fowler
Rent Condo and Condo's storage separately?
Has anyone had any luck renting out a storage for one of your rentals separately from the rental itself? My condo has a small storage space that is physically separated from the condo; I think it would rent for an add...
Jalen De Leon
Separate bank account for REI property
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...
Natasha Soboleva
Splitting Duplex into two separate parcels
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
Mike D.
Separate Entities for Holding and Flipping
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...
Mitchell Morgan
Renting Primary Structure and ADU Separately
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...
Akhtar Nasser
Personal and rental tax separation question
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...
S Yu
Separate Bank Account for Rental Activities?
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...
Jennifer Bott
Asset Protection - Marital Separation of Assets
My husband and I have 4 rental properties, and we're strategizing on the best way to protect our personal assets. I'm not sold on setting up an LLC, for several reasons. Putting all 4 properties into an LLC would mea...
Payton Gonzales
Separating Meters on a 4-plex
Currently looking at a 4-plex that has the water paid by the owner. Was thinking of separating the meters for future / new tenants. Does anyone have experience for what separating the meters would typically run? Fo...
Jeff Cliff
Separate water heater for an ADU
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...