
26 June 2024 | 3 replies
In total we will have 1 LLC and two separate trusts.All that said, I guess my questions are as follows:-We need to set up an operating bank account for renovation work for our new property, should we set this up through the trust, through our existing LLC or just pay using our personal accounts?

25 June 2024 | 3 replies
One of the books I have read suggests that I should use a separate banking account to handle all the income and expenses for one rental property, even if I do not use an LLC.

25 June 2024 | 8 replies
Second, you need to have separate business accounts for each entity.

25 June 2024 | 24 replies
Hi Michael, I am a robotics and automation engineer that has recently jumped into real estate full time, using the BRRRR strategy.

26 June 2024 | 11 replies
There are a few good people in the company, but the bureaucratic overhead and separate divisions always caused issues.

25 June 2024 | 39 replies
However the lack of a separate space will be an issue down the road.

26 June 2024 | 7 replies
If you have the cash and want to venture into buying a separate rental from your primary, I would do that over wholesaling personally. ~ Lindsey

25 June 2024 | 0 replies
I just don't know how to structure this since we are talking about his time horizon and mine together, but separately.

26 June 2024 | 18 replies
So I used the company he suggested in his videos: Prime Corporate Services; I paid them and they set me up with 2 separate LLC’s; one in WY for anonymity and one in PA where I reside, but besides that I know nothing of what I’m dealing with and from what I’ve seen on these threads is that I screwed myself and just made my life more difficult.

25 June 2024 | 0 replies
I am specifically looking for an inspector who is sensitive to the conflict of interest clause in the law and understands that the work must be performed by a separate entity.