Emily Poerio
Bank Accounts / Cash Flow / CC - best operational structure flow of funds
15 November 2024 | 7 replies
Changes some of my answer below, but here would be most of the types of transactions you would have in these accounts and between them.Property transactions would be: all property specific rents and expenses, allocated expense transfer to the master LLC and transfers to master LLC bank account for profit AND/OR property management fee.Master LLC transactions would be: Shared expenses going out, reimbursements/transfers from properties for their allocated share of those expenses coming in, the transfers from your properties deemed as profit AND/OR property management fee and then transfers to your personal accounts deemed as owner distributions.Other transfers that could occur is if the master LLC needs to transfer to the properties for capital expenditures above and beyond the reserves you might leave in their accounts.
Alexander Zeisberg
Look at title before close?
15 November 2024 | 4 replies
Quote from @Matthew Drouin: @Alexander Zeisberg do title companies handle the transfer of title of MH in your state?
Pete Harper
1031 into upREIT
18 November 2024 | 8 replies
From your advice I want to delay going into a REIT.1031 --> DST --> REIT Once I'm in a REIT I can no longer transfer w/o paying taxes.1031 --> DST --> DST2 --> DST3......
Joe S.
Off market deals! It’s easy find yourself some off market deals!
26 November 2024 | 44 replies
I had a house that transferred earlier in the year, and I'm still sought after because I'm on a bunch of lists.
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
There were some years ago when buyers would just take over the lease and that is it, the value stayed the same and it was transferred in escrow to the new buyer if they qualified.
Sarah Moore
Crazy Idea to get started. What do you think?
24 November 2024 | 19 replies
This PM will be trusted with the accounting, collection, and transfer, of tens of thousands of your dollars, or more.
Marc Chale
Tenant Ready to Settle Debt Following Eviction
16 November 2024 | 2 replies
If they can't do a money transfer directly to your bank, have them send a certified cheque using registered mail and signature required (they could send it to your work if you don't want to use your home address).
Marc Shin
any buy foreclosed properties through Federa Inc?
14 November 2024 | 5 replies
Now I'm trying to get my money back, transferred back into my bank.
Madelyn Felix
Remote property access and cameras for self-guided tours?
20 November 2024 | 23 replies
@Madelyn Felix we used to use ShowingHero, but moved on from them to ShowMojo, due to ShowMojo offering keypads in addition to lockboxes.We've pretty much flipped to keypads as too many keys go missing from lockboxes or get locked inside the home.While ShowMojo offers a service for tenants to use their keypads after movein, we remove the keypads when a home is rented and transfer to next vacant property.PRO TIP: only use keyed deadbolts for occupied rentals!
Brad Herb
Syndication using SDIRA $
19 November 2024 | 11 replies
Additionally, you could not move your Roth IRA funds into a Solo(k) because for some reason unknown to even the Department of Treasury (I asked them) Roth IRAs cannot transfer into the Roth bucket of a Solo 401(k).