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I'm wondering how people with multiple rental properties structure things like insurance, LLCs, bank accounts, etc. I currently have each individual property under a separate LLC, with its own bank account, and its ow...
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Hey guys, new investor in Grand Rapids, Michigan looking for some advice. I think I want to start an llc to protect my investments, but I'm not sure what way to go. Should I just get one online? Is there something els...
Need some advice.I live in Delaware and want to buy a few properties in Chicago for rental. Where should I open the LCC Delaware or Chicago? I may buy properties in Delaware state in future or in another state.Also, a...
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I have a quick question as to how the short-term gains are taxed (ie tax bracket). I've flipped a 2 properties under my LLC this year (outside of my regular W-2) and trying to get an understanding of what to expect.
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Hi, My business partner and I are looking to start investing in multi-family rental properties in the Western Massachusetts area. We are wondering whether or not to stay as two seperate investors and both buy individu...
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I need to do some tax planning and need to clean up my corporate structure for both tax and liability concerns and wanted to get recommendations on Florida tax attorneys. I have nine rental homes and a separate consul...
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The current proposed bill has the following clause: "The bill also prevents investing in an entity in which the IRA owner is an officer." which is generally how the checkbook IRA is structured (IRA owner is the Manage...
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Does anyone here use Buildium for property management and Quickbooks for accounting? I'm looking to see what everyones workflows are for each month. I like both products and they both have there place in our busines...
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Hi BP community,
I was hoping for guidance on financing a single-family property through an LLC. I am curious about how this can be accomplished and the terms of the loan (I understand I don't need an LLC but I know ...
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Hello, amazing community!! So I have a question and I want the most blunt response, when starting out with investments how do I look at debt? I have started getting into business credit and I've been told when getting...