Bab Adetiba
Partnership agreements and financing
I am forming a partnership with a group of 10 friends and would like advice as how to go about creating a bank account for the money pooling. Is it wise to create a business account to hold the money then eventually a...
Viron Hale
LLC and Banking account
Hello BP family,I just started my LLC and now looking into setting up a bank account. I'm going to use a local bank, my question do I need to set up a business bank account or can I set up a personal account for my LL...
Justin Wright
Looking for an Asset Protection Company
Hey everyone,Short story version for anyone who doesn't want to read all this: Do you have a good asset protection company you recommend? Detailed version:My business partner and I have been real estate investors fo...
Rene Roth
DC Resident buying a House in Maryland under an LLC
I'm a DC resident (living in a home in DC) and thinking about buying an investment property in Maryland using an LLC with two members (husband and wife) Should I register the LLC in DC or Maryland? what are the pros a...
Brad Ruth
STR channel manager
Hello STR Owners,I am looking for a better channel manager. I tried Guesty last year, but I had several issues with double bookings and poor customer service. Please advise if you are using a channel manager that yo...
David Chow
How to shelter income being taxed?
Hi. I'm new to the forum and would like to see if anyone has info on how to shelter income from being taxed? This is a hypothetical question since I have not started the purchase of a multi family unit yet. My tax guy...
Cristina Alicea
Second property
Hi everybody,
I'm new to bigger pockets and real estate investing, so I still have a lot to learn. I also have a couple of questions that I haven't been able to find the answers to while researching so I thought I'd ...
Mike Polizzi
Looking to start building my real estate team (CPA & Lawyer)
Hi all - While I am personally not new to BiggerPockets, this account is! After purchasing my first 3 family property this past summer, I am looking to find a CPA who specializes in Real Estate. I work in the financia...
Daniel Rodriguez
Rental property and segmented depreciation
I bought a rental property on 2011. I used segment depreciation. Land $50,000 +dwelling $175000+ list of personal property $5000. Total $230,000
In particular the washer was value at $200 that I depreciated on 2011. ...
Sameer Lalwani
Legal structure - rentals
What factors to consider when thinking about your legal structure? Ie a parent LLC owns a child LLC?My eventual goal (it will definitely take some time) is to have a self sustaining rental property business.