Hello, Am closing on a property next week.My LLC's business bank account outbound wire fee is $78 versus $25 if wired out of my personal account at a separate bank, where it's sitting in a line of credit. $53 differen...
I have been wondering, if anyone on here is a millionaire? Not a million plus in real estate value, but a million plus liquid in your personal account that is yours. I know it’s an odd thing to wonder but I would ju...
Hi guys. I'm still in the "learning" phase of my investment journey. Although I have a lot of capital already, and plan to save even more in 2019, I wanted to know - are there tax advantages/disadvantages of opening a...
My first post, so please bear with me. I have a rental property in Texas. I set up a LLC last year but yet to deed the property to the LLC. I've set up a bank account for the LLC and started using the LLC bank account...
I have rental income that is being deposited to my personal bank account. After establishing legal entities, I have created a business bank account and planning to divert all my rental income to new business account ...
Hello,
If I have two bank accounts one for the rent and for the security deposit, do these accounts have to be in both me and my wifes name if we both own the house? Or can the accounts just be in my name? Thank you!
I gave my assistant access to my Facebook account to post and respond to inquiries and Facebook said that we broke their rules and that I cannot post on the marketplace. The ad copy was pretty much the same as what I...
Hi guys,I know there are tons of discussion regarding getting a loan under your name and putting the title in your LLC.May be I am not looking hard enough but I can't seem to find how to do accounting in this situatio...
Hi BP nation,
I'm looking to hire an experienced RE Accountant as an advisor and tax preparer for a new RE Private Equity firm that I am founding with my business partner. We plan on investing in Commercial Real Esta...
Hey everyone!Looking for a tax person with Realistate experience! I live in Las Vegas. I have a accountant now and she is very nice just not sure if Realistate is her strength. Looking for someone that understands dep...