Hello everybody,I was wondering if anybody knows if i could assign one of my personal accounts to my LLC and just use it for LLC purposes? or do i need to open a brand new account?
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Hi Everyone!I understand this will be dependent on my area, but I was wondering what you paid to have the water metered separately?Also, who would I reach out to about having the water metered separately?I'm working t...
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I'm looking for some advice around cost segregation.I purchased a townhome in 2019 that has now been an LTR for two years. I purchased a separate townhome in 2021 that I am currently house hacking in and plan to turn ...
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I’m renovating a SFH with an apartment included sharing one water service. Should I install two electric hot water tanks for each unit even though it’s one water service that I’ll be paying for? I’m mainly doing this...
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I’m renovating a SFH with an apartment included sharing one water service. Should I install two electric hot water tanks for each unit even though it’s one water service that I’ll be paying for? I’m mainly doing this...
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What's up BP!First of all, thank you Josh, Brandon, and all the great contributors for your tremendous knowledge!! Brief first post intro: I'm a B&H investor and have been reading & listening to BP for a while...
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I am closing on my second rental prop next month and want to use an LLC for asset protection. In order to receive rents and deposits I'll need a business checking account.
From what I've learned each property should...
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Hello, question... Is it possible to have an LLC partnership (my sister and I) that has a mix of property ownership? We would be co-owners of a 12 unit apt house and each receive a SFH separately through our father's ...
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Should I set up a separate checking account (savings too?) per property I acquire? I was planning to hold a few properties per LLC, in 1 bank accountAnd then when I get a few more properties with a new LLC, put them i...
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So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...