Toby Gingold
LLC's / Checking Accounts
Hi All, I am in the process of closing on two SFR's in upstate NY. I am putting them under the same LLC. I was wondering if I could get some advice about the following:1) How should I set up bank accounts for these? 2...
Ramiro Salinas
CPA or Accountant???
I am just now renting out my first single-family home! I am new to this should I contact a CPA or accountant right now or wait till later and just keep up with basic expenses from the property? I am new to this and c...
Jeff Workman
Las Vegas, NV
Hello BP,First of all, thanks for reading yet another introduction :-). Young adult here (soon to be an old adult in one year when I hit 30), who finally decided it was time to do something with his savings. I've been...
Josie W.
401k solo or SDIRA for next investment property
I currently have a traditional IRA with 150k approx. I currently have 3 rental properties cash flowing. First and second property SFH equity $90k, approx. 3rd property $160k I bought it with a home equity loan on my r...
John Underwood
Real Estate Professional no W-2 and IRA contributions
I have no W-2 job, can I still contribute to my E*TRADE Roth IRA accountSituation:I self-manage my LTR portfolioI self-manage my STR property that is an hour away.I buy tax liens at auction every year.I have flipped a...
Stephen Benson
401k real estate investing
Anybody have any references were I can look into more information about using your 401k to investing in real estate?
Valeria Johnson
Advice on new Real estate investing
Question fellow investors... I’m in the Texas market. I’m placing my personal home for sell and downsizing as a empty nester. Plan to also leave my job and transfer my 401k to a self direct IRA. My question.. 1. I hav...
My Nguyen
Depreciation On House Hack Primary Residence
Hello fellow investors,I'm currently house hacking, renting out my basement (around 740 sqft). Can I claim depreciation on this property since it is my primary residence? I bought this house in August 2022, only live ...
Nathan R. Cowger
Do any of the rental management suites sync with Bank account
Looking at Cozy, Buildium, Tenant Cloud, do any sync with bank accounts for expense tracking (trying to not do Quickbooks) I'm just setting up a simple 4-plex and I see that all of these do some level of accounting. ...
James Park
Planning for your child's future college expenses. Vanguard 529
Just curious to see if any of you have contributed to an education IRA 529 plan for your child's future college expenses. I have heard that the 529 plans in Utah and Nevada area the best as you can select low fee Vang...