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Results (10000)
Account Closed how to go about getting a business license
2 October 2014 | 15 replies

so i want to finally get a name and llc all set up for my business so i can legally be called a business and pay taxes to those lovely irs people :)anyways, wanted to know if there are any ways that are better than an...

Geoffrey Lau LLC funding - Personal funds / legal liability
30 November 2020 | 3 replies

Hi BP Community,
I'm in the process of setting up an LLC and have questions regarding the initial funding of the LLC. The plan is to purchase a property under the LLC but in order to do so, I assume I would need a se...

Nate Ingrao BRRRR Refi Question
8 November 2019 | 6 replies

Hi everyone, I completed the purchase and renovation of my first rental property this fall. It’s rented out as of Oct 1. So my next step is to set up an LLC (in process) and then cash out refinance to fund my second p...

Veronica Solomon Insuring Rental Properties Deeded into LLC's w/ conventional personal loans attached
16 April 2024 | 11 replies

I have 6 rental properties & have been advised by an attorney group to open 6 separate LLC's .  All the deeds will be transferred into the LLC's .  This is causing absolute chaos for me now with my insurance compa...

Bienes Raices Comingling funds and LLC
23 April 2010 | 20 replies

Not asking for or expecting legal advice here, but I thought someone might know the answer to this.

If I create a new LLC to hold a property, I assume it might take some time to establish a credit card for business e...

Devin Scott Keeping your money organized
25 June 2015 | 20 replies

Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...

Ralph Santos Lumping all investments in one Bank account
23 October 2013 | 6 replies

Would you lump all your investment property finances into one bank account or do you prefer to spread them out among several banks? What strategy would you choose? What strategy have you taken?

James McKillip Should I LLC or Not LLC??
19 May 2017 | 9 replies

I am on the fence on making a LLC or just getting a liability umbrella. I live in Illinois and because they are digging for any kind of money they can get their greedy hands on the basic cost to file electronically is...

Dan Graney Keeping track of expenses as a new business
23 September 2015 | 7 replies

I know that I want to move forward and become a real estate investor. I am buying some books, accounting software and incurring some legitimate business expenses like mileage as I look at potential properties.What is...

Hogan Underhill Organizing My Forms and Documents on a Rental
7 December 2023 | 4 replies

I just bought a house  and turned it into a rental. I created an LLC for this property. My biggest confusion with real estate is knowing what documents I need to file and being organized with my property. I feel like ...