Hey guys! Just bought my second property(3rd door) wohoo! I currently have a vacation rental doing well set up on a separate bank account strictly tied to that rental. I close next week on a duplex. I’ve heard differe...
I am just now renting out my first single-family home! I am new to this should I contact a CPA or accountant right now or wait till later and just keep up with basic expenses from the property? I am new to this and c...
I have been charged an annual renewal for a Pro Subscription on 12/26/23. My question is, if I cancel the Pro subscription today (12/27/23), will the account remain Pro until the next renewal date or will it automat...
Hey guys,Are there any Real Estate Accountants that are knowledgable within Canadian REI? Currently looking to acquire a property and looking to discover the pro’s and con’s to putting an investment property into a Ca...
I refineanced my personal home to make a down payment on the rental property. I reimburse myself from the LLC each month for the addtional mortage costs. Do i claim that as income? seems to me i am paying myself ba...
Hi all,
We run a successful small business in Maryland and of course with that success comes a huge tax bill. This past year I have become very interested in the real estate investing world as a way to help offset ou...
What questions should I be asking a bank when I am talking with them about opening up a business checking account for my LLC?
When choosing a bank to open a business account for an LLC what do you look for? ... relationship with a small local bank (to partner with on buying rental property)....favorable low fee checking account options....a...
For Pennsylvania landlords, can any of you recommend a bank for security deposit escrow account?
I'm in the market for a new tax accountant who is aware of real estate law in the Raleigh Area. Anyone have any recommendations?