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Can you borrower money from an individual brokerage account and/or a managed portfolio to use to purchase an investment property without getting popped with tax liability for the withdrawal? I'm looking for an easy wa...
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Hi All,I am looking for an accountability group / mastermind. Currently doing business in NJ and the Midwest and looking to scale my business up as well as left to right.I have a CPA and consulting background so I am ...
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Hi BP Community,
We are looking for an accountant that is experienced in working with real estate investors and a really good real estate attorney. We are doing our first flip right now in the Los Angeles area and w...
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I'm new to QuickBooks and need assistance accounting for item returns. Here's an example of what I'm struggling with:Let's say that on 5/27 I purchased an item at Home Depot for $10 which I assigned to a COGS category...
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Hi All!So I've been reading biggerpockets posts mainly about business credit with LLCs, but haven't found discussions with trusts. Is it possible to obtain business credit using a trust with an EIN? The rental propert...
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im currently buying a property and after i purchase it I will be transferring the title to my llc but the banker is telling me that I can not transfer the loan into a llc in addition to the title. They are requiring t...
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Hi everyone!I wanted to put this post out to see if there are any people out there that would like to set up an accountability group. As I listened to the Bigger Pockets Podcast episode 326 where they talked about Gob...
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Hello All!My name is Marsharen and I have a question in relation to retirement accounts. If possible, how would I go about using funds from my 403b as a down payment toward my first property (which will be owner occup...
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Hello BiggerPockets community! I am nearly 21 years old and looking to begin investing for the future. About a year ago I started to search out education on some personal finance topics such as, how to save money, sto...
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I am in the process of completing my power team. Does anyone know a good accountant that works with investors?
Thanks,
Scott