Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
@Chris ShonYes, a real estate accountant is worth what you pay them.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
If you have an LLC, the accounts should be business accounts in the name of the LLC.
Matthew Beninate
Business Bank Accounts
1 January 2025 | 13 replies
You can collect rent, do your banking (unlimited virtual accounts), and do your accounting.
John McKee
Don't forget to file your BOI Reports by the end of the year
27 December 2024 | 6 replies
Yellen, No. 5:22-cv-01448 (N.D.
Alexandra Winkler
Bank Account Operations
30 December 2024 | 1 reply
if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
Account Closed I have no information regarding the Due on Sale Clause.
Janet Behm
Corporate Transparency Act (CTA) under PRELIMINARY INJUNCTION
23 December 2024 | 2 replies
., No. 4:24-cv-00478 (E.D.
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
We also have a bank account at a smaller Chicago community bank, but there technology isn't as good to be honest.I think @Jonathan Greene's main point is don't step over dollars to pick up pennies.
Shaun Palmer
North Carolina - Security Deposit Trust Accounts
22 December 2024 | 14 replies
It can just be held in a savings account, no special account needed, but I always keep mine in an account separate from anything else.
Gary Green
Suggestions for saving for first investment property
25 January 2025 | 1 reply
[1] You might want to think about opening 2 FDIC insured savings accounts that have no fees.