In response, FinCEN announced that BOI reporting is currently not required and businesses will not face penalties for failing to report while the injunction is in place.3.

FYI I do have plenty of reserves for my other units already, but would like to keep each property separate.My question is, where should I draw funds from to pay the least amount in penalties, taxes, loan interest, etc. from the following sources I have available:- 20 year 401k loan for a property- Sell a piece of my stock portfolio at 15% capital gains tax- Take a HELOC against an existing property- Private money loan from a trusted partner I have worked with beforeAlternatively, I could pool the reserves for all my properties to ensure I can cover anything immediate and know that I could always sell off a piece of my stock portfolio if needed and have the funds within 3 business days or set up a HELOC and only draw from it if needed.Appreciate any thoughts or what you have done in the past.

I use quicken for personal and WAVE for my businesses.  

I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.We often see discussions whether investors should use an LLC or an umbrella insurance policy.

Good morning BP community,I'm a returning REI in East Tennessee who is now investing and buidling a family business full time after a career in the military.

@Michael James Hamlin I'm a former tax accountant/business consultant turned fix n flipper and investor friendly agent. 

This is a new venture that I'm looking into and real excited about. 

Hi Steven,It sounds like you and your wife, Renee, have a wealth of experience in the real estate and construction fields, which is a great foundation for starting your real estate investing business.Given your background in residential remodeling and home inspections, and Renee's experience as a real estate agent, you're off to a strong start.

For those of you doing MTR & LTR what tech stack are you using and what areas of your business are each of your tools covering? 

My last offering was has been a real challenge and Matt has stuck with it for over a year.Never swaying from his commitment to me and my success.You need to be willing to take his advice and work hard but his stuff works.I would whole heartedly recommend him to anyone who is serious about raising private money.