Hi All. What is the best way to do this? There is money in our business LLC bank account, however we'd like to transfer $6000 (the annual max) to a personal Roth IRA. Any tips appreciated, thanks!
Just purchased single, out of state, property for STR. We reside in WA. STR in Boise, ID.
As a married couple do we set up LLC or run expenses and income through our personal names? This is in regards to banking and ...
I think this is the right place...
Getting some of my ducks in a row to dive in.
I know an LLC cannot get a loan on property through a bank. But curious on once I start collecting rent (yes, getting a bit ahead of ...
Are there any major tax implications when funding my LLC business bank account with equity funds from personal mortgage to finance a duplex build. Duplex mortgage is also in my personal name (owner occupied). The rent...
Hello all! So I was wondering if anyone could help me with advice or possible experience with what the legal or tax implications might be when my investors give me large checks which I deposit into my bank account aft...
Hi everyone. Please excuse this true newbie and REInvesting virgin. This is the first question I have posted so I would like to thank everyone on this site (except for the few nuts out there) for this amazing free for...
How are you setting up your business accounts for your properties? Are you doing 1 account for every LLC? How do you keep things straight and easy? Also, when not using the same institution for both personal and busin...
Hello fellow "pro area" - it has been nearly 15 years since i have bought a note from a bank and i am in situation on two properties where buying the notes would be ideal course of action....however i am running into ...
I have a relatively small rental portfolio by properties, but have come across an amazing multi-family. I'm typically very conservative in my investments, but to make the 20 or 25% downpayment, I don't want to sell st...
Good afternoon, I am a newbie looking to jump into the market in about 6-7 months. I have received a preapproval from my credit union with an estimated monthly payment which is higher than I'm comfortable with. I'm ...