David Stacey
DO I need multiple LLC's?
Hello All
I am a real estate agent in Atlanta. I have an LLC for my real estate business so when I make transactions, my commissions are deposited in my LLC instead of my personal account. Recently I have decided to ...
Eric M.
Accounts with low wire fees?
I just saw my total for Bank Wire charges for the year. Yikes! They add up. I think it is time to look around for a new bank.
Anyone have a bank that offer business accounts with low domestic bank wire fees?
Thanks
Eric Dubrule
setting a bank account as a sole proprietor with a PM company.
I've purchased an investment property with a partner. We are on the deed as tenants in common and will split income, expenses and tax benefits 50/50. When we tried to setup a bank account with the property management...
Shawn S.
How many bank accounts?
How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?
Thanks,
Shawn
Steven Destine
Buying under an LLC or Personal
I founded an LLC a few months ago because I wanted to turn my investing into a real business instead of a side hobby. My tenants now submit their monthly rent into my business account but lenders are not allowing me t...
Amit C.
Separate Bank Account for First Rental Activities
I have just selected first Renal property in Memphis and will be closing in 2-3 weeks. I will be opening new personal Saving account and will be adding initial money to that account from my personal checking account. ...
Michinori Kaneko
Switching Title of the property to an LLC
Hi, I just went into contract for my first rental property a week ago. the property i'm purchasing is already in contract with my personal name, as I read many articles about how setting up an LLC is overhyped. I ha...
Thomas O'Donnell
Setting up a Checking/Savings Account for Rental
I am looking to set up an account at a bank different than my personal one for rental property expenses/income and savings. However most places are saying I need an LLC In order to use the accounts for a rental proper...
Chan K.
LLC, P&S Agreement, Boston, MA
Hi BPer,During the P&S agreement, do you usually put down both your name and the LLC name on the P&S agreement as buyer? For example, "your_name, your_LLC" as being the buyer.I have notices that for seller, he...
Account Closed
Business checking account balance transfer
Interested in a balance transfer of funds from my business credit cards to a bank account for REI. Should these funds be drafted into a my personal checking account or into my business checking account?