Cindy Caldwell
Interested to find our first short term vacation rental!
Hello all. My husband and I are looking into our first short term vacation investment. Thinking Myrtle Beach would be a great start! Also considering Florida. Researching how to best manage the property ourselves thro...
Tanya Maslach
Creating an LLC: state where properties are located
Hi allSome context:We have 1 LTR in Denver now, and reside there. We do NOT have a separate LLC for it. Taxes/Expense: flow through our personal taxes.Questions:a. We are about to buy properties in OH. Should we ...
Tom Fenoglio
CPA & Attorney referreal for out of state investing
I will be investing from out of state (I'm from Argentina). I'm looking for an attorney and a CPA who could advise which direction to take with the LLC setup.
I will be investing:
Real estate - I will buy 1/2 renta...
Steven Segal
Property Management for Large Portfolio
We have a large portfolio of 350 total units in Florida, in the Fort Myers and Cape Coral area. How would you best situate the property management for this? Would you use one bigger company, a couple bigger companies,...
Sipan Y.
LLC Setup, LLC Location
I live in California and I am planning on starting fix & flip business in California. Need some advice on setting up a single member LLC. Is it a good idea to use Incfile website to setup a single member LLC? I wa...
John T.
QuickBooks - Using the “Cost of Goods Sold” account type
I am a landlord who manages my own rental property. I do not manage property for other owners. I set up my chart of accounts in QuickBooks to include, among others, two types of accounts: (1) Cost of Goods Sold acc...
DeGerrian Evans
QuickBooks desktop premier
Does anyone have a chart account set up they'd be willing to show.
Lilly Fang
Do I need to set up an LLC w/ operation agreement for just being a hard money lender?
The purpose of the LLC is to team up with other people with LLC to fund a project. My friend set up an LLC with an operation agreement, trust, limited partnership, and assets protection plan, which cost her $10,000 wi...
Dennis Gallof
Setup LLC within the same state as condo or my home state?
I have an LLC for my side business and I know the benefits of having one like protecting / keeping my personal assets separated, being able to write-off any expenses, etc.; however, I'm wondering if it would be better...
Adam Craig
Closing on first deal :)
Signed papers for first rental property today :) - pending the appraisal, I will own it in about 30 days.
I want get my book keeping set up while I wait. I have a CPA and I will be talking to him. But I wanted to ru...