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Each of my rental properties is held by its own LLC, and each LLC is owned by a holding company that sits at the top (which is owned by me). Each LLC needs its own bank account, but as I scale, I am looking for a bett...
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As someone who is about to graduate college with a degree in accounting, what path would you suggest taking with the end goal of owning/managing a real estate investment company?
One option is starting at a cpa firm ...
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Hi ,I have 4 properties. Each property is under one LLC (Sorry I have to keep it under each LLC). I am the owner/Landlord/Property Manager. As I grow my portfolios, its getting tedious on accounting since quickbooks r...
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Hello all, long time reader, first time poster. just getting ready to sign on our first rental investment (YAY)... question for anyone who might have some info. We are also getting ready to start a small business as w...
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Flippers, what's the best way to organize your bank accounts?
I have a personal account and an LLC business account.
Currently, I keep the bulk of my money in my personal account and transfer funds as needed to my LLC...
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I own 3 properties all 3 being used for medium term rentals. What the best way to set up the properties to protect us from Liability. I see so much out there and it can be quite confusing at times.This is my plan but ...
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Hi - I recently joined as "Pro Account" and have set up my company profile. I have a Marketing Manager who has also joined BP and linked to my company. She runs all our marketing. Can she post in the Marketplace un...
I have a colleague with multiple properties. She has one bank account per property and has zelle connected to each account using a different email. The issue is that the bank allows a maximum of 5 email address and sh...
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Hi everyone, I had a question about property management companies. I read somewhere that with property management companies you want to make sure that your a signer on the bank account. A few companies I have talked t...
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I am curious what everyone uses for accounting software. I have been using the rough old fashion method of keeping receipts. I know very bad. Time to get organized. HELP!!!!