Hi BP,2 part question: 1. Can I start an SD IRA (or solo4 401K) without forming an LLC (fees would destroy ROI).  I am looking to invest in performing mortgage notes that are passive (no trading, note terms longer tha...

As we acquire more and more (mostly buy and holds, but also some rehabs for a quick flip) it's becoming more and more of a hassle to keep the books.

I am yet to find an adequate piece of bookkeeping software which re...

What is the first step you take when you receive a NPN Note Tape?Just measuring what everyone is doing.  For myself, I reformat the spreadsheet so that it reads well for myself.

Hi all,

We are transiting from excel to Quickbooks, just curious for those who has experience with Quickbooks do you use online version or desktop version?

Is it huge difference?

Thanks

Is there a way to easily use Quickbooks to track expenses for a specific rehab project (flip) against an initial budget?Let's say at the beginning of a new rehab project I have estimated amounts for the labor costs, m...

Who should I use for forming LLC? Attorney or CPA?Any recommended Attorney or CPA around Los Angeles area? Thanks,

Hey everyone, I just bought QB and I am trying to get it set up for some properties.  Also at the same time I would like to use it for the renters as well.  Can it all be in one company file.  Searching online I see s...

I guess I am still confused on the proper time to set up an LLC to protect a rental property. Do I set up an LLC now even though I do not have a property under contract? Or do I wait until I offer on a property, get i...

Hi There -I just got what feels like an exorbitantly high quote ($13K) to set up a Wyoming Holding company and two LLC's (California) from Anderson Advisors. That is separate of the $800 each to operate the LLC's and ...

I am considering selling a rental i have had for 5 years now. I would like to take the money and invest it into setting up two mobile homes on some land i have in the same area. It would cost roughly half of the sale ...