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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationOwning Real Estate with Umbrella (no LLC)
M T Naughton's profile image
M T Naughton's profile image
M T Naughton
  • Member since Jun 10, 2019
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M T Naughton's profile image
M T Naughton's profile image
M T Naughton
  • Member since Jun 10, 2019
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M T Naughton
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16
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Tax, SDIRAs & Cost Segregation

Owning Real Estate with Umbrella (no LLC)

M T Naughton
Posted Jan 20 2022, 16:47

I own one duplex and am about to purchase another. I have umbrella coverage but no LLC. I have always kept separate bank accounts (checking & savings) for my duplex. I'm about to buy my second duplex and am curious if I should also open another set of bank accounts or just use the one I have. Thoughts?

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