I am starting up my LLC with my wife and am wondering if we need separate LLC to manage the assets from the LLC as property investment?I have one property paid off and second property under a mortgage which I want to...
Hi Everyone -I am looking for a property management software with e*Pay (Merchant Account) that we can set up in an individual's name (a sole proprietor) vs. needing to set up company. (LLC / Partnership).Can anyone r...
Hi BP!
I'm a relatively new real estate investor, I live in NJ, but currently investing in Orlando FL, started last year with 3 properties. I'm looking for advice on how to setup the company structure, right now I ha...
I am currently in the process of negotiating with a property management company to manage a multi-family rental and I'm curious about how others in the BP community structure their accounts. Can anyone advise on wheth...
I have my first SFR rented out for the last 3 months. My property management company was able to find a good candidate within 2 days of it being on the market and so I was very happy with this result. The tenant would...
From the initial training I have had, I understand that it is best to have multiple corporations set up for individual strategies. One for Buy and Hold Investments and one for Fix And Flips. I also understand that it ...
Last year, a company from BP helped us set-up Self-Directed IRA LLC "ABC SDIRA Company LLC". Luckily, we invested those IRA funds in our ABC SDIRA Company LLC and were able to make some profit to offset the initial se...
Hello everyone, I am in the market for a new CPA to help me with setting up business structure and prepare for my tax return next year. I have talk to a couple of different companies but all of them left me feeling ov...
Has anyone attempted to use one instance of Quickbooks for multiple entities, such as LLCs? I'm struggling to figure out how to best set this up, and do not want to purchase (or have to manage) two separate accounts.
An $80,000 per salary salary is only $219 a day.
$219 a day is only $9/hr if you earn income at 24 hours per day.
This doesn't take taxes into account.
What is your time worth? How are you making money work for you? ...