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Hello all,When closing on a property with a conventional loan (under your personal name) - which bank account (LLC or personal) do you pay bank fees, title fees, downpayment, etc?I am just confused b/c conventional lo...
Hello All,I own a couple of businesses in Oregon. I have set up a tax strategy that doesn't show a lot of income. The company is plenty successful, but because lenders are looking at tax returns I don't qualify for ...
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Hey guys! I was wondering if anyone could refer me to a great real estate accountant in Miami, FL. I am a new investor and am currently in the process of building a great team around my investing business. I'm looking...
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I am new to BiggerPockets and have enjoyed the informative Forums. My question is in regards to counting a draw from a Partnership LLC (my wife and I) as income for the purpose of refinancing my primary home. My DTI...
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Hi AllThere is a facebook group in my town that caters to the AirForce who I like to rent to, I don't use facebook yet for this purpose, how should I best do this? I dont think I want to use my personal facebook acco...
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Now I know it is majorly frowned upon to do your own accounting.... but I have been for maybe 3 months or so in relation to a property I host on Airbnb. My current dilemma is based around opening up a bank account for...
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Are there any Bankers who favor real estate investors? I just made my llc and is wondering who should I create my bank account with.
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Hi Everyone,When purchasing a new property with multiple units, do you deposit your security deposits in a different account? Where you you allocate your rental income and security deposits from your actual personal a...
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Hey guys,
I have 3 properties on my LLC, i wanted to know, should i Open bank business account to pay property tax, insurance, property management and all other expanses ? Also to get monthly RENT from the renters
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Hey Everyone, I am getting ready to close on my first deal Monday and have been reading about how to handle the tenants security deposits i will be receiving. Based on what I have found online it seems like deposits...