Matt Friesz
Different Accounts For Rentals
Hello BP, Things are moving very fast for me and I need some input. I just acquired my first duplex and was given the security deposit for the one tenant that currently is there. I have four other multifamily units th...
Kole Kingslien
The Flow of Money in relation to Rental Properties
Hello BiggerPockets community,I have titled this post "The Flow of Money", so it does not get confused with the term "Cash Flow". I have just purchased my first rental property, and am trying to understand how the mon...
Dinesh T.
LLC Filing
I formed an LLC in October 2015 & this is my first time filing. I have not yet transferred my rental properties under my LLC. Below are my questions:Me & my wife are members of the LLC. I assume that this mean...
Account Closed
Do lenders factor none escrow tax and INS into debt to income
So I'm somewhat new to the Investing world and had a question that I haven't been able to find the answer to. I'll give some background info first. I currently have 2 homes. A personal residence and a investment prope...
Dowan Allen
Real estate corporation Canada
Recently spoke with a lawyer. Starting a basic holding corporation documents is about $500. Any know how much the accounting cost is for beginning real estate corporation acquiring2 properties this year??
Dan L.
Debt-to-income (DTI) ratio during COVID
Hello everyone!I've had a quick thought this morning about how debt-to-income ratio is currently being calculated.I am aware of the normal calculation but with all the student loan and mortgage forbearance we are curr...
Anthony Emberger
Budgeting Vacancy and Capital Expenditures
Hello everyone. This is my first time posting to BP as I continue my education into investing in Real Estate. I'm looking into purchasing my first property in the next few months after accruing some more savings to ei...
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Dave Kapsack
Book Keeping For Long Distance BRRRR
Hope everyone out there is doing well and crushing deals. Looking at the potential of doing a Long Distance BRRRR. One property as of now, either SF or SMF. Financing 80% of the purchase and all of the rehab costs thr...
Micah Watson
Rolling Retirement Fund into Real Estate Fund
My great uncle was a multi-millionaire who took his own life roughly 20 years ago. He left all living family members individual trust funds/retirement accounts conservatively invested in some sort of mutual fund. For ...