I hear almost nothing about this in the forum or on podcasts. How do you all set up your banking systems? Do you have banks you like to work with? Do business accounts make sense? Why or why not? Do some of you get cr...
I am an investor located in Michigan and in the process of developing a business plan but am struggling to figure out how to set up my LLCs with scalability in mind. Below is a rough outline for both a buy/hold and fl...
My business is an S-Corp. My wife recently quit her job and joined my business full-time. We are married filing jointly. Currently my payroll is set up where we each receive a (very modest) salary. Are we over-com...
I have been looking around and cannot find a clear answer/discussion on the topic, but does anyone have experience with self managing through their own property management company?I see many people marketing their sel...
I am a remote investor living in Bay area and recently bought properties in Austin and Dallas. I really want to turn those properties into Airbnb listings due to promising ROI and no HOA restrictions … The biggest cha...
I am in the midst of selling three properties together in one deal. Each property has its own llc under my holding company. Should my holding company be listed as seller on purchase contract? Thanks so much in advance...
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.
Hello all, I am new to investing in Philly. From what I understand title companies are mandatory to settle in PA. I don't have a problem with this and I would like some recommendations if you have any! However, I also...
I recently purchased a new primary residence and plan to turn my current home into my first rental property. I’m not expecting to purchase any more investment properties in the near future. With this said, is an LLC n...
Hey guys, Quick question. Currently I own two properties (my personal property has a secondary unit that we rent) and I bought a SFH a few months back that we are renovating now and have a holding LLC set up to own th...