10 October 2018 | 16 replies
I was told to put my rent in and escrow account until it is fixed - any thoughts in this?
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24 September 2018 | 2 replies
I will get the LOC on my business account but I also want to buy another home to live in with my personal finances and rent out the property I am now living in.
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11 October 2018 | 4 replies
@Jon McdonaldYou may want to reach out to @Michael PlaksHe is an accountant in Houston and a frequent contributor on biggerpockets.
24 September 2018 | 5 replies
Account ClosedThat would be prohibited.
24 September 2018 | 0 replies
seperate accounts seperate check books...)Isn t just getting General liability insurance sufficient to cover your liabilities ?
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25 September 2018 | 8 replies
I did speak with my RE Lawyer who drew up the LLC and Operating Agreement and my CPA and both seemed to be comfortable with the approach e.g Solo 401k Trust Account owns 25% of the LLC.
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26 September 2018 | 15 replies
Originally posted by Account Closed:@Tom R.who do you use as a property manager?
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25 September 2018 | 13 replies
My thoughts are to get them on a 6 month lease in Nov. at $1100/mo, and then start an annual lease In June, whIch Is a more favorable tIme to fInd tenants vs. the wInter In MN.
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25 September 2018 | 6 replies
Also, security deposits should be handled very carefully (not co-mingled with personal accounts)-so this could be a reason why they want to hold on to it?
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17 October 2018 | 8 replies
. :)As far as evaluating your cash flow, you would probably still want to account for a little bit of maintenance.