No time or money to invest? You need a real estate partnership. What keeps almost every real estate rookie from investing is the fear that they’ll fail or that they don’t have enough to get started. But what if you co...
Daniel Dietz
Allowable Expenses in SDIRA?
Hi,
I was wondering if anyone, @Steve Hamilton , has a definitive answer on what is allowable for expenses within a SDIRA, as far as 'misc personal expenses' goes.
It is my understanding that even thou...
Matthew B.
Commingling Credit Card Purchases
Is there anything wrong with making personal purchases with the business credit card, and business purchases with the personal credit card? Assuming at the end of the month the business expenses are paid from the busi...
David Corrales
Business or Personal Checking Account?
What kind of checking account do I need for a rental property? Will it need to be a business checking account even if I don’t use a llc for the property or would I need a DBA?
Troy Michaels
Is c corporation best structure to seperate taxes?
Is a c corporation the best business structure to keep business income and taxes seperate from your personal filing???
William Daley
Best way to get cash out of investment property.
Hi BP,I have a single family home in Albany County, NY. I purchase it in December. The renovation should be complete this month. I paid cash for the property and renovation. I would like to keep it as a rental and pul...
Al Palomo
I've used personal funds for LLC bills
Hello all. I'm a new investor and currently have 2 rentals (1 vacant and only recently renovated). For the rented property, during the pandemic, I muddied the waters and used my personal funds to pay for renovation,...
Jesse Mercer
Any online banks that use Zelle recommendations?
Long story short, I ended up renting out a property I own outright in March '22. I currently accept rent payments via Zelle into a personal account at Wells Fargo, but I want to set up a business account with my LLC t...
Alejandro DIaz
Can you buy property with an LLC?
Hello!New investor here looking to buy my first property. I am in the process of setting up a trust. During my conversation with the attorney, she mentioned that it's rare for investors who finance property to buy a p...
Eric Jones
Personal Funds into Rental Account
My current goal is to scale.I would like to send money from our personal account into our rental account on a monthly basis to let the cashflow and personal funds accumulate. This money would then be used to purchase...