Mitch Moctezuma
When to open an LLC or C/S-Corp?
Hello,
I have two single family homes and my primary residence. I have been talking to my mortgage person and have an appointment with my CPA. I was just wondering what to watch out for, what is my best move. I want ...
Austin Davis
Business Bank Accounts questions
Hello BP,My brother and I are starting our business together and just got our LLC established. I have a couple "getting started" questions about getting a business bank account that I would like opinions on. 1. Is ...
Ruchin Patel
Legal Structure or Own personally
Hello, We have just got into our first property in Edmonton, AB. We have removed conditions and now are working with the lawyer to close. The plan is to build legal basement suite and rent out both units.Because this ...
Account Closed
Husband and Wife each have their own SDIRA
I've already contacted 2 custodians on this matter and one says it's ok and the other says contact a CPA or lawyer. I've reached out to both but figured I'd ask here too. I know it's a confusing subject so I'll try t...
Robert Norris
which insurance agents and carriers
Hi everyone. I'm thinking of buying my first rental property. I'm wondering whether I should contact a national carrier (e.g., Allstate) or one of their agents, or go with an independent agent. (For what it's worth, t...
Sukhwant Kaur
When is the right time to have an LLC
Hello, I started my real estate investing in 2013 with my husband. Now we have 1 condo and 2 4plexes. My husband and I have a full time job and we do real estate investing part - time. We save and buy properties for...
Account Closed
Using Mint.com for budgeting
On one of the webinars mint.com was suggested to help with budgeting. Do many people use this and if so, how do you like it compared to other budgeting options?
TJ Woolum
Owner Draw - Corporate Veil
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
Mike Landry
Lets talk $$$$ How do you pay yourself!
simple question! How do you pay yourself from your rentals? How much do you reinvest? I have to admit i love talking $ when it comes to financial strategies and goals. I'll go first.Im small time with only 3 propertie...
Engelo Rumora
My Overnight Sucess
G'Day everyone,I hope you had a great weekend and are preparing to smash the coming week.I recently saw Grant Cardone make a post about his "Overnight Success". It looked really cool and although your favorite Aussie ...