In the past 5 years of trying to build a company with 0 business business knowledge, I've ruined my credit and I'm also being sued by lenders. I've actually managed to grow into a stable and profitable business despi...
I am planning to open a solo 401(k) plan for myself and maybe my wife as well. Our goal for the solo 401(k) accounts is to 1) tax shelter tax for money we make from flipping houses; and 2) use the money to fund our fu...
What software is good for collecting rents and it’s features?Buildium? TellUs? Cozy? EtcQuestion 1) Which ones let’s each property have its own bank account to receive rent? Let’s say I have Property A and B in separa...
What software is good for collecting rents and it’s features?
Buildium? TellUs? Cozy? Etc
Question 1) Which ones let's each property have its own bank account to receive rent? Let's say I have Property A and B i...
I currently only own one 2 family. My wife and I are house hacking, we live in one unit and rent out the other.Should I set up a separate business bank account and credit card?Currently, I am just running it through ...
I have recently inherited a triplex where I live in one unit and rent out the others. I would also like to start saving money to buy another property. So this is sort of a two part question: where should I put cash th...
I'm selling northern California land for under $2k. The buyer sent me a grant deed to sign with a notary. How do I ensure that I get paid if I'm not using escrow?
I plan to use some of my IRA funds as a down payment to buy and hold income properties. What type of lenders are out there? Will this be a commercial loan? I hope not :(TIA
I currently have a Checkbook IRA that I invest in Mortgages.
Since I started the process I have had some issues with the company that set up the IRA. They are not the Custodian but only a representative. Once...
Hello! I recently bought a duplex in the Suburbs of Philadelphia as my cherry popper. I live in the downstairs unit and rent the upstairs unit. I have a few questions surrounding basic bookkeeping.I did an FHA Mortg...