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Results (10000)
James Lau Tax questions with LLC
29 September 2020 | 9 replies

I'm about to invest in my first real estate deal. I'll eventually consult with a CPA on tax issues, but thinking ahead about tax issues. I'll invest with my personal funds but will be creating an LLC as a limited part...

Joseph Hammel Need a new accounting system!
30 June 2019 | 20 replies

Hello! I have been using excel for my accounting for 6 years. However with 38 units across 14 properties its becoming an issue. I do use Buildium to do applications, background checks, rent collection, tracking ect. B...

William White tax info for private money lending
12 January 2018 | 2 replies

Hi, Im a new investor in Charleston, SC and looking for some help from someone who has already figured out this problem. I have read books, listened to pod casts, found deals, and secured a private money lender who is...

Jeremy Paschedag Security Deposit Separation
22 April 2017 | 19 replies

Over the weekend I heard third hand that, at least in Missouri, security deposits should be in a separate bank account than the main bank account. Supposedly it comes up if you're audited. I was told that you can use ...

Yan Yan optimize money in different accounts to buy different properties?
10 September 2019 | 5 replies

Hi BPers,I am interested in apt investments. The question I have right now is that how to best utilize my money in different accounts (bank account, current 401k account, former 401k account, Roth IRA account) to buy ...

Agnes Chlebowski Should I go with my FInancial Advisors advice?
21 August 2019 | 10 replies

Hello,Our Financial Advisors have been great so far. We have accomplished so much to date with their aid.They would like us to move our corporate investments from a current ETF fund into a Fidelity Global Balanced Cla...

Account Closed 401K Conversion to Roth
25 May 2021 | 19 replies

Last year I converted an old 401k of mine into a Self Directed 401k and used that to buy and refurbish a few properties and now the monthly income is very nice and I sleep at night knowing I'm not overly reliant on th...

Joseph Garner Personal Vs Business
25 November 2019 | 10 replies

Hi guys, I currently have 3 properties which together is 7 doors. Currently I have all of them under my name, is that fine or is it something I should get with a CPA about and get them under an LLC? Mainly for tax and...

Mark Cruse Tax Strategy???????????
19 September 2019 | 5 replies

I have two rental units that I'm considering attaching to my LLC. In addition, I want to add on to my portfolio. Currently, I'm renovating a property for a flip. If that goes well I intend on doing multiple per year. ...