Bill Sherman
House and Land separate owners ????
Has anyone run into a house owned by one party on land owned by another? If so how could a deal be structured?This is a permanent brick slab on grade home not a modular. The house is vacant and I am wondering if there...
Steve Fitzgerald
Separate account for each property?
I have a short-term rental property and a long-term rental property. Right now, income and expenses are coming out of one account for both properties. From an accounting perspective it seems to be working ok, but is ...
Ryan Marker
Separating rental income and expenses
My wife and I have owned 1 rental property for the past 5 years. So far I've managed to keep good records and receipts for all transactions relating to the rental. I'm looking into the best method for me to keep the r...
Andrew J. Montgomery
Separating Business From Personal Credit
About two years ago I got into investing in real estate but was short on capital to truly get started. My credit was less than desirable so I leveraged a business partners personal credit to get credit cards to fund p...
Jeff Oberts
Cash flow into separate account?
Hello, do you separate your cash flow into a separate account from your reserves for repairs, cap ex etc?Thank you,Jeff
Mike McConnell
Separate LLC for each rental
#BrandonTurner mentioned he has a separate LLC for each of his rentals. Have you setup an LLC for your rentals, if not one for each? If so what is the benefit?
Aaron Vargas
How to keep accounting separate
I’m looking to acquire a small investment property with a group of three people. We decided we will purchase as individuals to take advantage of more favorable rates. But if we purchase as individuals, how do we keep ...
Dustin Roy
Question about Separate State Partnerships
Long time podcast listener, first time poster! Will fill out my profile once my wife helps me take a suitable picture. Context - I'm wondering if anyone in the community has experience with cross-state partnerships in...
Max Labo
Separate Bank Accounts for Rentals
I recently purchased first rental property. In the future I plan to transfer into a business, but for now the property is under personal. I wanted to open a bank account strictly for tracking my rental. Any suggestion...
Trey Perrone
converting to rental; separating expenses
New to real estate and BP community. Finding so much great info here!Currently have a town-home that was a personal residence and converting to rental. At this time cash flow wont be much ~$200/mo but will look into r...