Todd Haskell
Seperate bank accounts per property?
My name is Todd Haskell. My wife and I are new to the real estate business and have started making offers on a few duplexes and condos. What is the recommendation for each property in regards to banking? Is it wise ...
Roger Edington
New Investor - Is Quickbooks Really Needed?
I am wondering if I need to purchase an accounting program to keep track of my first property? It is just one more expense, but since it is just one multi-plex is it really necessary? Also, do I need to file a DBA wit...
Jesse Scheidel
Structuring bank accounts
When setting aside money for Capex, Vacancies and maintenance, should you use multiple bank accounts? Is it best to have a bank account for each property or one account per LLC? What do you find to be the most efficie...
Rik Patel
What's the best way to keep purchases organized?
Hi All! I wanted to know everyone's experience when it comes to keeping purchases organized for multiple properties.I have a few properties with their own bank account. Let's say property A & property B both need ...
Ben C.
Two member LLC vs single member LLC?
was told that a two member LLC is more favorable for flipping activities for two reasons:
1) much less likely to be audited vs a single member llc
2) much more difficult to pierce the corporate veil compared to a s...
Jillian Bibbins
Looking for a CPA
I recently bought my first duplex in the Dallas-Fort Worth area and it have been a doosey. I am currently looking for a CPA to help me with tax planning for the future and tax perpetration for the year. I really woul...
Brandon Phillips
Who set up a LLC using LegalZoom?
Has anybody set up a LLC using LegalZoom? How convenient is it? Which package did you select? Thanks for the feedback!
Alec Jacobs
What bank account should I use for my rental property?
I'm looking to fill my unit of mine with a tenant and I was wondering what sort of bank account I should use?
I'm assuming that a business account would work but I'm sure there is some nuance and tips that I don't kn...
Amy Ranae
Business coaching contractor
Hey Y'all. I'm sitting here at the Opryland Hotel with my agents, having a glass of wine and going over our notes from the conference. It was such an amazing experience and I'm full of ideas I want to execute on for m...
Randall Greene
Purchase in my name or my corporations name?
Hi All,
I want to make an offer on an REO. Should I purchase the property in my name or my corporations name?
I'm afraid the bank will want to see financial statements and some tax returns for my company, and since...