15 October 2020 | 5 replies
Hello, Here are two options as I’ve worked for a large bank opening business accounts With the series LLC verbiage in the master certificate of formation and an operating agreement that outlines the intent of the series LLC, you should be able to get separate EIN numbers for each series and open the accounts with all of those documents.OrYou can register the DBA owned by the series LLC through the Secretary of State which is the easier route.
10 April 2019 | 14 replies
I did read that managing my own rental properties does not require real estate license, but I kind of assumed, if I am a separate entity (LLC), that would not apply.
6 July 2020 | 9 replies
I have them separated out on a different spreadsheet.
5 January 2023 | 6 replies
Do the debts incurred by the business impact my DTI or are they viewed as a separate debt?
2 May 2020 | 6 replies
If the reno will be starting shortly: Renovation Builders Risk policy (including Liability or a separate Liability policy).
5 January 2023 | 2 replies
It was a 4/2 SFH with 3/1 upstairs and an in-law suite downstairs with a separate entrance that I planned to upgrade & list on AirBnB for mid term rentals.
3 January 2023 | 5 replies
Aloha,2 VERY separate issues here.
6 January 2023 | 2 replies
If you're renting bedrooms in the same unit you're living in, I tend to think a property manager is less appropriate than if you're renting out separate units.
6 January 2023 | 3 replies
I want to get my first wholesale deal out of the way and use the profits to setup my business structure, pay for any tools and resources that I need & want, etc.My plan is to setup my general LLC and any SFR & MFR that I plan to purchase for would fall into separate LLCs that would be serialized into the main LLC.I guess I'm just looking for some guidance in this arena.
6 January 2023 | 2 replies
, 2) get added to the basis and essentially only have 26 years of depreciation (27.5 - 1.5 years), 3) go onto its own, separate 27.5 year timeline, or 4) something different and if so what?