Paul McHale
Banking Question - opening up biz account w SDIRA owning LLC
Good Evening,
I have run into the roadblock of trying to find a bank that will open up an business account - with an LLC that is owned by a self directed retirement account. Unfortunately when the two LLCs were for...
John Wijtenburg
Quickbooks for Syndication
I am using Quickbooks for an LLC in my syndication with 100+ investors. Does anyone have a good set of best practices for setting up QB in managing capital accounts?
Pandurang Kulkarni
Referral for Invictus Method
Dear BP community, Has anyone worked with the Invictus Method, a turnkey provider, to buy rental properties? They are advertising quite a bit on social media. I am curious to know experience from those who have bou...
Rona Faison
Anyone using a solo 401k for purchasing properties
Hello,
I have a solo 401k that I have not done much with but thought about using it to purchase buy and hold rental properties. I'm interested primarily in multi unit properties duplex to fourplex and would be looki...
Lear R.
New Property Management Crafty Book Keeping Is This Normal?
Hi, I currently have a relationship with a property management company that has implemented a new accounting practice, that basically puts previous tenants accounts recievables to the property management company direc...
Marc Shin
What is the best business banking account for out of state investor?
What is the best business bank account for out of state real estate investing? I need a business bank account that will allow me to track all my expenses easily for an out of state property. Thanks!
David Chwaszczewski
Setting up a eQRP vs. SDIRA
Has anyone done an eQRP? I am looking into the company Total Control Financial, but wanted to see if anyone has setup up one with the company before. Seems like it may be better control of your money then SDIRA and ...
Brandon Paul
Issuing 1099's for Vendors
When do you need to issue a 1099 to a vendor?After contacting several tax accountants for an answer to this question, as well as an IRS agent, the answer provided was the same:You must issue a 1099 to all vendors you ...
Emerald Sie-Duke
An Employer that does not provide pay stubs (but writes checks)!
Hi,I am currently screening tenants (mother & daughter) for a 4bdr/3.5bath home. One of the prospects explained to me that she does not receive pay stubs and is paid by a hand written check and cashes it. When I ...
Nicholas Vandervelde
Homepath Pricing is a Joke!
I'm hoping someone can shed some light on a very frustrating problem I'm encountering with Homepath properties in Madison, WI.I'm looking to purchase, as an owner occupier, a single family home in Madison, WI. I rece...