Llewelyn A.
How to Handle Charges on Personal Credit Cards
I would like some opinions on something that probably happens every day in the life of a business person.Let's say hypothetically, you own 100 Main Street, LLC.You were denied a Credit Card so all you have is a Debit ...
Shawn Wall
Sell my secondary home and payoff debt or get a HELOC and Airbnb
Should I sell my secondary home or get 2nd mortgage/ cash out refinance/ HELOC?I'm a 3rd year realtor($60k in the pipeline the next 6 months) ( with aspirations of flipping) and my secondary home is ((owned for 10 ye...
Sam LLoyd
Help me pick out the best management software
I'm in the process of moving several rentals.. 9 units right now into an LLC and trying to separate personal and business finances/paperwork. Anticipating being up to 20 in the near future. I'm also trying to move eve...
Daniel Reyes
Outsourced Property Accounting
Hello BiggerPockets Family,Whether you are a smaller (or larger) property management company, a self-managing multifamily developer, or a sponsor/syndicator - Property Accounting can oftentimes become a significant co...
Jeff Piscioniere
Investing in VRs through a self-directed IRA
Hello everyone!
Has anyone done or thought of attempting buying vacation rentals through the investment of a self-directed IRA? Specifically, I have been researching the concept of a self-directed IRA LLC with check...
Vivek Kumar
People with poor credit but seems due to living on cash
So I got a tenant application who has a credit score of about 520 and same for spouse. No debts and almost nothing on credit report. It's almost blank. With a few inquiries from auto dealers. they shared 3 months bank...
Dameron Shore
Local Bank or Broker Cash Account for Solo 401k Account
I am about to initiate an i401k and have put in an inquiry with my preferred CU as to whether they can (or actually whether THEY think they can) handle the checking account for it. The assets are currently in an old 4...
Kenneth Burke
One LLC or multiple for each property ?
I'm a relatively new investor with three SFR's, looking to buy #4. I've been advised by my CPA to create a separate LLC for each property, along with individual business accounts for each. From what I understand the L...
Raj Gandhi
Shift taxable personal income to business
For purposes of reducing my personal taxable income, is it effective to run rental income & expenses through a business? I need some of the rental income for personal household expenses which would be a salary (r...
Mindy Jensen
How do you collect rent?
Hey hey hey BiggerPocketeers.I'm doing a bit of research for an article for the BiggerPockets Blog.How do you collect rent? Checks, Venmo, other software (please name names) or something else entirely?Please let me kn...