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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...
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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...
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...
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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 ...
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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 ...
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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...
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...
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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...
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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. ...