I just bought my first rental home and will be using a property manager.  I wanted to understand whether there is any advantage to creating a sole proprietorship.  I can could use this to open a business account at my...

I am gearing up to set up an entity in the form of an LLC. My question is, when you earn money that is made payable to your LLC, how do you spend it?

You can't commingle funds, so how do you spend the money y...

Does anyone know how to create a Facebook business page when you do NOT have a personal profile?  I am reading conflicting information on whether this can even be done.  I don't have a personal Facebook profile, nor d...

I am closing soon on an investment property using conventional financing and 25% down. My question is: Is it ok if, at closing, I wire funds from another of my personal checking accounts that was not reviewed as part ...

I'm still about 6-12 months away from starting my search for my first rental property but I have some questions.

1. Should I establish a formal business, (LLC or other business type)

2. What business structuring wo...

I own only one rental property which was used with a VA Loan But got married and had to move out of state and I’m now renting that home. I’ve read a bunch of Real Estate books saying how important it is to have a busi...

My wife and I are taking over the property management our rental properties from the existing property manager. Our question is about setting up bank accounts. We live in WA state and our personal banker said that if ...

Currently I own three single-family houses. Two of them are rentals that I plan on keeping long-term and the third is a fix and flip I plan on selling in the next couple of months. I have an LLC that I started abou...

Hello,I have been using Rentec Direct the last few months and am getting used to is, just a general question for PMS if you have personal expenses on a credit card, do you categorize those under "Owner Withdrawals" or...

Hi BP community, I am trying to implement Profit First method, which suggests to open multiple accounts; tax account, operating cost account, profit account etc. I cannot find a bank that allows opening multiple check...