Mark Forest
Deducting vehicle expenses
I just bought a cargo van that will be used only for my rental properties. I know there are two ways to expense the costs; either direct expenses or mileage. Which method do all of you use and why?Also, I want to ma...
Jessica Singsavatdy
multiple LLCs, one airbnb account
For those of you who have multiple properties under multiple LLCs, how are you managing financials and books since airbnb only distributes funds to one designated bank account?
Christopher Dunn
Foreign investor wants to invest in me. whats the best way?
I recently just bought my first MFH in Cleveland Ohio and have a vision to buy many more and hopefully own hundreds of units some day. My initial plan was to use the brrrr method and buy two or three small multifamily...
Todd Blyton
Bookkeeping with multiple LLC
Setting up a holding company say in Wyoming to hold your LLC’s as disregarded entities set up in other states to hold your rental.
Would you set up one set of books and treat each state as a subsidy in the books of...
Todd Borcherding
Need Someone To Help Set Up Tax Strategy
New investor, needing help. I have a holding company and a LLC for rental portfolio. Just needing help with how to move money around and how to use them properly.
Thank you,
Todd
Allen Lemay
Setting up LLC in the State of Minnesota
Hi Bigger Pockets -
I'm hoping you can help me out. Recently, a business partner and I finalized our LLC in the state of Minnesota. We structured it in a way that the parent company is a holding company. We have t...
Demon S Rogers
Furnishing long distance rental
Hello everyone I'm currently investing in Fayetteville North Carolina and needed advice on furnishing a potential rental when I'm not in the area to do so myself or furnishing an Airbnb for long distance investing. So...
Michael Gayer Jr
In Hawaii, how do you set up a Lease Option (or Purchase)?
Aloha Investors of Hawaii Properties,When setting up a Lease Option (or Purchase), is it correct to say that I am setting up a Seller Financing deal? Also, when creating the paperwork for this Term deal, do you go th...
Dana Regan
Can one of my LLCs loan my other LLC money?
I currently have an LLC for my consulting business (not real estate) and want to loan my real estate LLc money for purchase and renovations. Is this allowed? Or do I need to make a disbursement to myself to fund the...
Edgar Perez
Quadplex Winter guidelines for tenants?
Hi there,
I am in Wisconsin and have a Quad where I'd like to set some guidelines specific to winter for the tenants.
Some details:
2Upper/2lower, (2)studios/(2)1bed
each lower has control of thermostat for both...