So I'm wondering if I maybe messed up when it comes to accounting and taxes while rehabbing a house to rent. The rehab has taken forever- 3 years. But, it's finally done. However, I'm worried that I didn't think a...
Hello, I am new investor and have a rental. I was advised to open a business checking account for my rental. My question is why do a business account ? Why not an everyday account ? From brief research, i see business...
I think this is the right place...
Getting some of my ducks in a row to dive in.
I know an LLC cannot get a loan on property through a bank. But curious on once I start collecting rent (yes, getting a bit ahead of ...
Pre-screening prospective tenants in Baltimore County, Maryland
I submitted my information and filing fees to my Secretary of State through their online filing system. They e-mailed me an automated receipt confirmation.
Anything else I need to do? Do I need to file the Articles...
I am currently going back and forth with offers on a SFR in Rosendale, Ny which is in between Kingston and New Paltz in Ulster County. There is currently an unfinished bedroom, finished living room and Water Hookups ...
I don't know if anyone can help but i have a question, hopefully someone can answer. First off, i live in Florida and my rental property is in OH. My trust was created and follow the rules of FL, if that makes any dif...
Ok here it goes. How do you manage all of those keys? We're starting to get a plethora of keys and I was wondering what others are doing to manage the key system. I also like to change the locks when tenants turn o...
I talked to a portfolio lender today that seems to have good terms, but said that they prefer to make the loan to an LLC. The only reason my partner and I haven't formed the LLC is because we can't think of a business...
Hello BP Community!
I'm looking for some guidance on whether or not starting an LLC for your real estate investment assets is a great move when you're just starting out? Is it worth the hassle or is this step someth...