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i live in texas, and i was told not to set up and escrow account, because of possible differences between myself and the seller. Since the seller and I have to sign for it to redeem it. I understood that it was a good...
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Good day Biggerpockets community!We are investors from Canada and just starting out in US market as well. We have registered an LLC in US, and I am looking to open a business account for it (we have an account for per...
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I recently formed my LLC and I'm in the process of setting up my business checking account. The only issue I'm having is selecting the correct NAICS code. The nature of my business would be to fix & flips and virt...
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Just got my first property, and looking to use a free accounting software to record expenses and depreciation on assets. Not sure if anyone has a good tip but I cannot seem to find the right software. It seems like ev...
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Hi all,
My partner and I are starting real estate fund in Hong Kong (HK) and applied for a bank account there. We operate in the US.
Many people told us opening a business bank account in HK would...
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Good morning from CA!In getting started on this whole real estate investing venture, I have heard that it is a good idea to consult an accountant (preferably a CPA). I plan to meet with an accountant within the next w...
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Good evening BP members. I am going to purchase my first single family investment property within the next few months. I have money in a couple of different personal accounts that I want to use to purchase properties....
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Hey gang, I know there are plenty of threads on this topic throughout the site, but I'd like some advice/guidance specific to my situation here. I will be buying my first rental (duplex/triplex) spring '17. I plan to ...
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Good morning BP members! It's been a whirlwind past couple weeks and finally closed and started renovations on my first property. I'm looking for advice on 1. Finding a local tax professional near Bangor ME who unders...
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Hello!I currently own 2 SFH's in my own name and all funds flow through my own personal checking account.Moving forward, I plan to put all new properties into their own LLC (single member) with their own business chec...