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Hey folks,I am full speed ahead to close on my first duplex in mid-January. Will be utilizing this as a house hack. I need to get my banking situated for property expenses and am looking for suggestions on the best wa...
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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...
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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...
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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...
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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...
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What questions should I be asking a bank when I am talking with them about opening up a business checking account for my LLC?
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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...
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For Pennsylvania landlords, can any of you recommend a bank for security deposit escrow account?