When we set up auto pay for business credit card, should we use 1) personal bank account or 2) business checking account to make a payment from accounting or tax perspective? Which one is preferred or it doesn't matter?

Hi all,We self manage our properties and save monthly for taxes and insurance for all of our properties. I can't seem to figure out a way to get journal entries correct in Quickbooks to keep track of each property. Te...

Hi ! I'm looking to establish an account with a regional bank in the Hampton Roads Area, Any reccomendations or preferences by those in the BP community use. Looking to start with a joint checking account first and bu...

Good afternoon! How many of you collect rents online and do tenants like it or seem bothered by having to set it up etc? I feel weird with tenants knowing our home address to mail checks. We are buying two new investm...

Hey BP! Closing on a deal in a couple weeks, its a duplex I will be inheriting a tenant. My first tenant! Was thinking for rent collection of using venmo? Is that a bad idea? Thank you for any feedback!

I own 2 rental properties but travel for work.  I'm a travel nurse.  Thus, I'm trying to find a convenient way to accept payments and transfer the payments to pay the mortgage.  I really would prefer not having family...

I have two questions regarding a syndication I will start. If I hold the money for X years:- When do returns get paid, and by what priority?- If the final calculation on ROI is determined once the term is up, then the...

I would love some feedback from any of you regarding my set up for investor returns and should I add anything more , I was thinking of including a guaranteed equity multiple as well but just forgot to add will do if t...

Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how p...

Does anyone have any recommendations for good local banks in Birmingham,AL to open a business account with (preferably that works with real estate investors). I know when it comes to this a lot of people prefer the sm...