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Results (10000)
Federico L. May seem like a dumb question... How to organize bank accounts?
25 March 2017 | 6 replies

Dear BP family,When I bought my first rental, I paid from a personal savings account. I had another idle savings account where I started depositing rents. Months later, I opened a personal checking account where I tra...

Robert D. LLC and its assets and lawsuit
8 June 2018 | 12 replies

Lets say I have my little LLC. I separate my personal from llc bank accounts. I keep records, the LLC is alive and does not only live in my desk drawer. I buy properties in the name of the LLC I sell in the name of th...

Jeff B. Asset Protection vs Piercing the Corporate Veil
14 December 2019 | 4 replies

Asset Protection & Piercing the Corporate VeilWe've all heard of Asset Protection and the suggestion is typically to create an LLC and hold title in that legal entity. In and of itself, this can be a major hurdle ...

Charles Royale Is it really better to incorporate in Nevada?
4 February 2019 | 14 replies

I hear mixed things about incorporating your business in Nevada instead of your home State. Everything from lower tax burden to reduced oversight.I've also read things about you not actually saving on taxes because of...

Daisja Vance How should I view debt?
10 May 2023 | 56 replies

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...

David Noskiewicz LLC IN Connecticut. looking for tips
12 January 2017 | 7 replies

I am a new investor and about to obtain a LLC for a couple purposes , one so i can put future properties into this company and also to create the LLC to be our real estate brand create a website and help other become ...

Dameron Shore Local Bank or Broker Cash Account for Solo 401k Account
28 October 2017 | 17 replies

I am about to initiate an i401k and have put in an inquiry with my preferred CU as to whether they can (or actually whether THEY think they can) handle the checking account for it. The assets are currently in an old 4...

Marco Bario What Are Your Investment Goals?
16 August 2019 | 15 replies

I live in Southern California where we're lucky to have a number of long-running investment groups. No matter the topic, I enjoy attending meetings to meet other investors face to face. This week I've been busy - atte...

Brynnen Beierle LLC or no LLC for my first property?
6 November 2022 | 14 replies

Hey everyone! I'm closing on my first property next week (finally!) and I've been advised by some friends to go the LLC route. It's a triplex, and I do plan on purchasing more in the near future. I guess my question i...

Davidson Francois What’s the purpose of an LLC???
5 January 2018 | 31 replies

I’m still learning the financing part of the real estate business but can anyone help me understand the llc aspect of real estate? What’s the person of having a llc when from my understanding you won’t be able to appl...