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Updated almost 8 years ago,

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2
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Jacob Ohl
Pro Member
  • Investor
  • Greenville, PA
0
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2
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New Duplex Owner First investment

Jacob Ohl
Pro Member
  • Investor
  • Greenville, PA
Posted

Hello! I recently bought a duplex in the Suburbs of Philadelphia as my cherry popper.  I live in the downstairs unit and rent the upstairs unit.  I have a few questions surrounding basic bookkeeping.

I did an FHA Mortgage since I did not have enough capital to purchase through my LLC.

Should I create a separate bank account to keep the my tenant's security deposit in?

Can I run things through my LLC as the property management?

I have a hundred other questions, but I guess I really just need a CPA who is involved in real estate investing.

Does anyone have any recommendations for a CPA in the Delaware County, PA area?

Thanks in Advance! 

  • Jacob Ohl
  • Loading replies...