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Results (10000)
Steven Eastman Checking and Savings Accounts
14 May 2020 | 10 replies

I am looking for any advice and ideas for checking and savings accounts for rental properties for purchase and management stages. My questions include:-Do you have a separate savings account for acquisitions? -Do you ...

Priti Gupta First Time House Hacker - Separate bank account for rent collection?
19 May 2024 | 17 replies

Hi, I am new to real estate and I bought a house recently and planning to house hack by renting the basement out while I live in the house for a year or 2 and then move out and rent the whole house. My question is sho...

Benjamin Nelson Using Heloc to buy multifamily
16 February 2023 | 7 replies

Im currently in the process of buying a 4 unit house with a heloc on my personally house. The heloc is a fixed rate however interest only for the first 5 years unless I choose to make additional principal payments. If...

Ana Mills Separate credit cards for each airbnb? Or is that complicated to track?
20 November 2024 | 13 replies

Do you recommend having a different credit card for each airbnb property? I'm wondering if things will get complicated to track if I am paying for things to multiple properties in one credit card.

Mary Jay What account do you use to pay your mortgages on your rentals to avoid comingling ?
16 June 2023 | 8 replies

Hi guys,
Ive been trying to figure out how to pay mortgages on my rentals to make sure there is no co-mingling of 2 different LLC's funds or my personal funds with those LLC funds.
So lets say you have a house that ...

Eric F. Policy Bundle for Sole Proprietorship?
12 June 2018 | 0 replies

I'm closing on my first property (SFR), starting a sole proprietorship, and getting insurance.The article below mentions policy bundling (personal home, car, investment property, etc.) to save money. This sounds great...

Cristobal G. BOUGHT MY FIRST RENTAL!!!!!! Now Bookkeeping???!!!???
28 May 2018 | 14 replies

So I bought my first rental in Kalamazoo, MI. It's a SFR which I will be living in one room and subleasing the rest of the rooms. Tenants/roommates will be paying my mortgage and I will still have an extra $200 left o...

Carlos M. Personal vs. LLC
11 February 2014 | 3 replies

Hello Everyone,

Currently I am looking to refinance an Investment property I own. The question I have is should I borrow through the LLC or borrow through my personal credit?

The reason why I ask is because I have...

Scott Hraska Owner occupied rental question -What if the account has no money?
13 June 2017 | 2 replies

All,In the next few weeks I'll be closing on a 4-family house, and my 1st owner occupied rental property. I read the forums and a few books and understand that keeping business and personal finances seperate is key. I...

Tyler England Am i able to claim a vehicle during tax season?
17 June 2019 | 4 replies

Im about to buy a 2nd property with plans of expanding further. Im going to be setting up a business account to separate my personal expenses. If i were to buy a truck to help with the business im building but still u...