Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10000)
Account Closed Using LOC to buy and cash-out refinance after seasoning?
4 September 2018 | 4 replies

If I were to obtain a personal line of credit to combine with my own capital in purchasing/rehabbing a property, how would this affect me when it comes time to cash-out refinance?

Kenneth LeBeau Business Finance Question - Commingle
13 August 2015 | 8 replies

I'm a newer business owner with a recently set up LLC and I was wondering if I should be more careful about how I pay for things for the business. Sometimes I pay for things directly from one of my personal accounts e...

Michinori Kaneko Do I need a Business Checking Account?
27 August 2018 | 7 replies

Hi,I went into contract on my first rental property a week ago, and getting ready to close the property in few weeks (under my own name, with no LLCs).  I am wondering if opening a business checking account is recomme...

Philip Hy How do you live off your cashflow?
5 November 2018 | 8 replies

I've never heard anyone on any podcast or webinar talk about the mechanics of how they live off their cash flow. Do they have a bank account for each property? Or does it all go into a single bank account? How much, h...

Devonte Thomas How Would I Set Up My Bank Account When Owning A Rental Property?
26 November 2020 | 8 replies

I'm not quite sure on how to structure my bank account... currently I have a property account and a cash flow account, to separate the cash flow from the expenses, but should I be opening a business account and within...

Geoffrey Lau LLC funding - Personal funds / legal liability
30 November 2020 | 3 replies

Hi BP Community,
I'm in the process of setting up an LLC and have questions regarding the initial funding of the LLC. The plan is to purchase a property under the LLC but in order to do so, I assume I would need a se...

Spencer R. Tax Accountant or online software for beginner landlord
20 March 2019 | 6 replies

Hi,Beginner landlord here...I plan to have one, 2-4 unit multi-family home by this time next year. I imagine I will be itemizing my returns. My question is should I plan to find a personal accountant, or would some o...

Sean Steward Investment Properties and Checking Accounts
4 June 2021 | 9 replies

I am currently brainstorming strategies and ways to get into REI and came across a question of, "when I buy an investment property or properties, and I'm not starting an LLC or corporation so I'm not opening a busines...

Account Closed Best practices for bookkeeping if not under LLC
22 February 2020 | 9 replies

Hello,I’m closing on my first deal and have decided to hold off on putting the property under a LLC. Since I wouldn’t have an EIN to create a business checking account, am I allowed to simply open a new personal check...

Spencer Nelson Loan to Myself
9 June 2015 | 4 replies

I'm looking for some opinions on a way of personal accounting for the way I finance my properties. I currently only have a condo, but I'm going to try to buy a multi-family the next time I'm back in the States for mor...