Hello everyone.I've been scouring the internet for a while and I can't seem to come by depreciation. What an accountant has told me is that depreciation can stack year over year if you have excess leftover. For exampl...

I have a brand new LLC and I was hoping for some tips to build it up and earn credibility so it can stand on its own (in order to get a loan, etc).  I also heard that it takes 2 years for this to happen; is that true?...

Help me guys and gals!

We have a 2 year old S-Corp and we want the S-Corp to start having credit, our accountant told us to transfer our business credit card to the Corp and try to get our business vehicles transfere...

I've been calling around and searching online for a HELOC in AZ since that's what I continually see recommended as a way to get money to use as a down payment.

The problem I'm having is that a lot of the lenders I ta...

I brought this up in a recent REI meetup and I think it is a tool that can help those who might need to build some age of credit or give a boost to that score to help get that better rate.  Here are the links to the a...

Hi. Maybe I am over thinking this, but I am stuck. I have a set percentage I am taking our of rent for reserves: CAPX, Maintenance, Vacancy; etc.. How should I be tracking this in books? Should I be crediting or debit...

I have recently begun my journey into investment real estate. Two houses held under seperate LLCs. I am concerned about how I can expense things that were purchased on a personal credit card (building material and h...

Hi all, I'm on the hunt for a good bank open an unsecured line of credit with. I've called around to a few already and the standard reply I've been getting is that they cap their credit limits at half of the borrower'...

Hello BP community (especially mortgage folks),I recently ran into an issue when having my credit pulled by a mortgage broker. I’m seeing different credit scores on my monitoring services that the score the broker pul...

Hi everyone,

Do banks use your EIN, DUNS number, or both for business financing? Also, can you use one or the other? I have an American Express Business credit card for my LLC which was setup with my EIN an...