Ray G.
Operating Expense 1120s tax question
Quick question, if i have 10k of liabilities, how do i show that on my 1120s, specifically which line? It's an operating expense..
Drew Moyer
Building strong credit
hey guys not currently in real estate investing but learning and trying to prepare myself for best success. Currently in school saving and investing in stock market and just recently got a credit card to try to build ...
Elizabeth Diskin
Dealing with partnership tax for multi-member LLC
Husband and I set up two SDIRAs and merged funds into multi-member LLC to buy a vaca rental property for a slow flip (fix, rent a few years, sell when market looks good.) We are NOT borrowing any funds in this plan, s...
George Rodriguez
quickbooks p&l and balance sheet reports
I currently have quickbooks premier and just started using it for my real estate flips. I previously was using excel sheets and plan to transfer to quickbooks. i would like to have the purchase price of the home also ...
Jeremy Porter
Navigating Community Harmony: Understanding Resident Sentiments Toward the HOA
Understanding what residents think of the Homeowners Association (HOA) is crucial for property managers and landlords as it allows them to gauge the satisfaction levels of the community members and address any concern...
Ali Nurmohamed
What’s the benefit of leasing a shopping center?
For everyone who knows a lot about leases or is involved in shopping center investing I have a question,What’s the benefit of leasing a shopping center?
Michelle Garcia
When to create LLC for REI?
Greetings, I am curious of the following regarding LLC:1. When is the best time to create an LLC for your investments?2. Thoughts on having multiple properties under one LLC.3. Can I sell my first purchase to my ...
Eric Guasch
Florida Mortage Servicer License - Net Worth Requirement
Hello All-I am interested in applying for the Florida Mortgage Servicer License. According to statute 494.00721, the company must maintain a net worth requirement of $250k in order to originate and service the debt on...
Brice Alef-Torrisi
Managing finances between multiple properties
Hello everyone,I recently bought a second property in Michigan and I'm really excited to get it rented. However, I was unsure whether I needed to open a new bank to manage the finances associated with the property. I ...
Jack Grove
Financial Statements and Series LLCs
While researching the best options for incorporating I have found that a Series LLC in Texas is an easy and viable option. If I am not mistaken, in order to maintain asset protection the financials for each "child ser...