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Hey BP community!
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...
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First off, real estate is a long strategy for me. I joined this group a week ago. I am finalizing my refi on my first project. It has been a valuable learning experience. I bought the house through a wholesaler in a t...
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Hello Everyone! I just closed on my first duplex, and before the closing I set up an LLC to have the deed quitclaimed, and opened a business account with my bank for the LLC. We were not able to perform the transactio...
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I'm selling a rental property I've had in an LLC for several years. In June, I deeded it back to myself in order to take advantage of a 1031 exchange and be able to use my earned income to qualify for the purchase on ...
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Goal: buy a fixer upper, flip, sell for profit (ideally).
Question: better to do this through an LLC or personal name? Pros and cons of each. I am leaning towards personal name, that way can claim "primary residence"...
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Planning to close on our first investment property in the next month or 2 (If all goes well). We have a personal checking and savings right now. We will be starting a business checking and savings with a different ban...
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Hello fellow PB members,I'm seeking a personal accountant, preferably located near Bowie, MD. Referrals and volunteers welcome.Jay
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Hello BP, My business partner and I recently closed on a deal and are in the final stages of getting it rented. We purchased this property as "individuals" and not apart of an LLC. We do have an LLC set up that we wan...
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My current goal is to scale.I would like to send money from our personal account into our rental account on a monthly basis to let the cashflow and personal funds accumulate. This money would then be used to purchase...