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Results (10000)
Becca Flim Business Bank Account vs Personal Bank Account
20 December 2022 | 13 replies

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...

Evan Zelkovich Personal rant for accountability
9 August 2020 | 9 replies

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...

Billy Quirke LLC or Personal Account?
14 December 2020 | 4 replies

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...

Mark Stewart LLC vs Personal Accounts
24 August 2016 | 8 replies

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 ...

Zach Shahan LLC or Personal Accountability
12 January 2021 | 1 reply

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"...

Josiah Sia Personal Account - transferring money to/from Business Account
10 December 2019 | 7 replies

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...

Jay Brown Seeking an Accountant for personal and LLC accounting
11 October 2017 | 2 replies

Hello fellow PB members,I'm seeking a personal accountant, preferably located near Bowie, MD. Referrals and volunteers welcome.Jay

Terence Mcneil Collecting rent. Personal checking account vs Buisness account
28 March 2018 | 2 replies

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...

Eric Jones Personal Funds into Rental Account
4 October 2018 | 5 replies

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...