Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Brice Alef-Torrisi Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
Scott Trench Trump Policies Will Put Downward Pressure on Real Estate Rents/Prices
21 February 2025 | 250 replies
It didn't say 73% of red-necks, or any selective segment, just said 73% approval rating. 
Martti Eckert Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
I am primarily concerned with completing renovations in a timely and satisfactory condition, so I foresee the selection of GC looming large in my project's success.
Apryl Skahill How to get spouse on board?
28 January 2025 | 19 replies
Have a list prepared around a nice area of houses that you have selected that will fit your criteria....maybe see the insides of one or two?
Zongfu Li Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
I now am more selective about loan officers as well as lenders. 
Abraham Shamosh Section 8 Questions
9 January 2025 | 4 replies
My recommendation would be to get approved as a Landlord, contact the director's office and request that an inspection be completed before a tenant is selected (sometimes they will do this as long as you select a tenant within 14 days - which you want anyways), and have an online application and screening resource in place.  
Jay Hinrichs How to make a million dollars with a capital partner with subdivision entitlements
17 February 2025 | 69 replies
Keep in mind this might be spread out over 2 up to 7 years depending on your site selection and the economy.6. 
Jane S. Has anyone heard of a company called NOMAD
13 January 2025 | 8 replies
This is a common misconception but we're an online platform where the owner chooses their own price and selects their own tenants.
Garry Lawrence Mass Shooting Near Property I'm About to Buy – Should I Back Out?
12 January 2025 | 7 replies
Hi Garry,To ensure your safety, it is highly recommended to visit areavibes.com and select the "See more crime data" option.
Adam M. Cost for a Tax Specialist
13 January 2025 | 7 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.