hello BPIf I have a LLC that gets 100k income yearly, can I use 100k to purchase a propertyOr I need to pay taxes on the 100k and only with what is left to purchase the property

Hey BP!
I'm diving into QuickBooks Online for the first time and could use some guidance. To give you a bit of background, I know very little about bookkeeping beyond managing my budget for the last three decades (ug...

Hey Everyone,I'm trying to put together a Discounted Cash Flow (DCF) analysis of a potential 5 unit commercial property that I'm looking to purchase. I'm new to running this type of analysis so bear with me.In calcula...

This is an preforeclosure in sale coming up in about 3 weeks. the seller is going to lose it and will sell for 495,000.

its 44 units
need about 10k for two boilers and some paint

gross monthly potential rents are 18...

I'm not educated on the short hand here.  Can someone explain to me what this add is trying to tell me about the returns on this apt building?  Particularly the 2nd paragraph.  I think they are trying to say a 435K in...

Here's a property I've been considering

* 4-plex in Ontario, Canada
* Gross $23,760
* Asking $189,000
* Actual expenses: $7531 (3600 heat + 720 electric common areas + 1200 water + 2611 property taxes + 600 insurance...

I have been reading rich dad poor dad and he seems to separate expenses and liabilities into two different columns. I guess they are two different things ? For some reason I see them as the same thing since they both ...

I'm currently looking at a 105 unit deal, which is comprised of 2 different assets.  One of the assets is Class A, and built 5 years ago.  The other property is a 70's product that just got repositioned to a Class B p...

As a newer realtor I'm thinking about starting an llc or s-corp so I don't get burned as badly on self employment taxes. I am also getting ready to move and rent out my current house and purchase a new one. I'm trying...

The portable alarm (lasershield) that I use is billed to my personal credit card. The alarm was in a house that I own in an LLC for a few months while the house was vacant.

In order to avoid co-mingling, do I need t...