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1 January 2025 | 13 replies
A few reasons I choose to bank with them:-Very easy to set up business bank accounts under my LLCs-Option to create virtual accounts under each LLC.
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13 January 2025 | 31 replies
For property security reasons, please send me a photo ID and your number, I'll be happy to call you and set up an appointment after I talk to you and go over a few pre-screen questions.
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30 December 2024 | 3 replies
Since you’re planning a mix of long-term and short-term rentals, keeping detailed records and setting up a solid system for managing finances early on will be key.
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2 January 2025 | 14 replies
Also, setting up an S-Corp could potentially save you on self-employment taxes, but I’d suggest chatting with a CPA to weigh the pros and cons based on your income.
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30 December 2024 | 819 replies
And honestly a-lot of these TK buyers are not doing proper due diligence before buying and are pressured into buying (by some not all).
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30 December 2024 | 5 replies
I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.
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7 January 2025 | 20 replies
If you do decide to work with them, you could set up a clear partnership where they’re equity partners and you handle the management and operations.
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29 December 2024 | 2 replies
It’s what I used to do for family and business partners—helping them set up projects to scale and run efficiently—and I’m excited to apply these skills to my own portfolio.Let me know if you’d like to connect further and chat about ideas or collaborations.
31 December 2024 | 8 replies
If I choose the rental, then all income generated will be taxable income moving forward, because none will be off-set by the interest I could deduct.
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31 December 2024 | 4 replies
I think the A frame idea works great for this setting, but some have said the A frame style steeper peaked roof works better. https://www.instagram.com/redtail_cabins_adu/