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...
Hello there -I'n looking for referral of an Attorney and a CPA that have the following experiences :- LLC Creation specifically for Real Estate Rental Investing (to help me with the creation process, article of organi...
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 ...
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...
Not sure anyone else has run into this but I wanted to share. The books I've read didn't mention this and its becoming a bit of a pain. It seems many banks simply do not want business accounts with LLCs holding notes....
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...
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 ...
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...
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...
Hello All - Love BP and everything it has to offer.
A question that I have is about structuring your business when you are raising capital. Right now I have 5 units, with a couple of different investors. Because the...