Reese W.
Pay mortgage with personal checking account or LLC's account?
I have all my investment mortgages on auto pay with my personal checking account which I like because I have plenty of buffer and don't have to worry about shortages from vacancy loss etc. However I just purchased my ...
Edita D.
efficient track of money in BAH: how many business accounts and which ones
Hey guys,
we are BAH (buy-and-hold) property owners that just separated our business account from personal.
To efficiently operate rentals, what business accounts would you recommend to have? Would you recommend:
-a s...
Danny Sok
Separating personal and buisness expensive
Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...
Brad Kanouse
Started a LLC question
Hello all. Just started up my LLC. Would you suggest that you separate everything regarding your LLC from your personal so they don't have any connection? I know I should have a separate bank account, but would you...
Brian Orr
How to protect my former primary as a rental?
I "house hacked" my primary home without really knowing what that was. We currently have a renter in there but the house is still in my personal name. I have separate LLC's for my rental properties and for some reason...
Andy Wilson
Primary residence into investment property
Hi BP,I am moving and try to keep my primary home and rent it out. Can I transfer my primary home into my LLC as an investment property?
Mindy Jensen
BP Money: Eliminating Over $30,000 in Debt w. Rosemarie Groner
The latest episode of The BiggerPockets Money Podcast is now live! Today, we chat with Rosemarie Groner from The Busy Budgeter. Rosemarie Groner was a state trooper—a good, recession-proof position. But chronic disorg...
Chiane Martin
Rooming house help?
Hi everyone,
I’m an investor in Cleveland. Born and raised here. I currently have 6 doors. I just recently bought a single family home and had a contractor tell me about making it a rooming house. 4 bedrooms, 1 bath....
Jantsen Locke
How to differentiate personal and business expenses
Just closed on my first house hacking deal (duplex- living on one side and renting the other). I know there are some tax advantages involved (currently my next reading topic). It makes sense to me that opening a sepa...
Cody Dover
Buying into a Tenant Occupied Property..
I've heard stories when other investors will post properties and advertise it's cash flowing with a tenant already in place to entice others. I just so happen to be pursuing a property that is out of town in which I h...