Isaac Fernandez
TSP Retirement accounts CARES Act
I hear on podcast, I can't remember which one, that you can use your TSP account to fund your R.E. deals because of the COVID-19 Crisis. Does anyone know anything about using the TSP account?
Jake Silverman
Looking for Investor Friendly Accountant
My wife and I just got started in real estate and are looking for an investor friendly accountant. We currently own a rental property in Indiana but are based in nyc. Please share your recommendations! We would love t...
Fran Arti
CapEx reserve account at selling
Hi!
Hope you guys are great.
Few weeks ago saw on the internet, might be youtube than the reserve account for capital expenditures in a multifamily property are handed to the new owner after selling. Is this the sta...
Ryan Cohen
NH Security Deposit Bank Accounts
I am looking to see what others do in NH for holding tenants security deposits. I have a four unit building , And I am wondering - do I need to create four different interest bearing savings accounts to account for in...
Tristen M Walker
How to Setup Business Accounts
How do you guys/girls setup your business bank accounts? My questions are:Do i need an LLC for a business bank account? Can i hold multiple security deposits in one account? the money wouldnt touch my personal account...
Jeremy Johnson
Accountant, Tax Strategist Recommendations REI
Hey BP, Finally moved into the Indy area after 20 years away. Ready to start back up the REI game. I have a number of questions for an accountant involving how we had to use money for the house we're in and the fall...
Patrick Bunn
Using Retirement Accounts for REI
I just read The Book on Tax Strategies for the Savvy Real Estate Investor. It is a great book. And based on something I read in there I asked myself “how can I use my 401k to invest in real estate?”Setup:Toward the en...
Dervel Enrique Gillins
Bank account for commercial property
Is it best practice to have a dedicated bank account for each property, or Is it acceptable for one main account with solid book keeping?
Shaun Carl
S-corp taxes? Buffalo Accountant
My partner and I just sat down with an accountant in Buffalo and were not impressed with them. We are in the process of closing on one property and will be picking up the paperwork on another in a couple days. Any hel...
Kathy Petruska
Excessive funds in HOA account
I live in a small (166 homes) HOA. Originally 2000 home were planned. The developer had two builders originally ans started selling in 2006. The crash occurred and after the two builders sold the homes they had ...