Sara Klaus
LLC - "Doing Business in California"
We are purchasing our second investment property in Hawaii. Our first property in Hawaii is owned by "Property 1 LLC," which was formed in Hawaii. This is a multi-member LLC. We live in California, and self-managed th...
Larry K.
direct deposit for rent payment
Does anyone out there have their tenants go to your bank with their rent check payable to you, fill out the deposit slip, and hand it to the cashier as a way of paying the rent?
I had previously always had th...
Nader Hachem
What is needed on the accounting side before first rental?
I’m finally in the position to actually take action and purchase my first rental property after I close on my primary later this week. I’ve got the process down of running my numbers, finding an agent and finding a de...
Chris Williams
Syndicating, Marketing to Self Directed IRAs
We just spent the majority of our capital on an apartment complex and are now starting to look at syndicating and raising funds from self-directed IRA's. As I have been researching this, I have come across some infor...
Pat Arneson
Deed of Trust and Note for Private Lender?
I have an opportunity to raise capital with a private individual at a flat interest-only rate as a way to reduce interest charges and eliminate origination and service fees. I'm looking for ways I can "protect" this p...
Jamie Banks
Baselane - Banking Solution for Landlords
For those who self manage, I wanted to share a great bank I've been using called Baselane. Baselane is a bank that also has property management software and book keeping capabilities. As a manager of over 20 units, it...
Charles Thompson
Husband & Wife 401(k) Rollover Options
I'll make this short and to the point...The wife and I have two 401(k) accounts (one for each of us) from a previous employer totaling roughly 62k. We'd like to combine our 401(k)s into (hopefully one) self-directed f...
Jim Francis
Do I have to pay interest on security deposits?
I've heard that landlords have to pay interest on a security deposit in some states. Is this true? Is there somewhere to find out which states this applies to?
Vladimir Del Valle
Looking for a cost segregation study for my Virginia Property.
Hello, we are looking for a CPA specialized in Real estate. We would like a Cost Segregation Study for a single Family property purchased in 2019 in Chesterfield County VA. The property is currently used as a rental. ...
Account Closed
Clevelan Income Properties
Good afternoon everyone! Has anyone worked with the team over at Cleveland Income Properties? Their website is clevelandincomeproperties.com for reference. Seems like they've got some nice offerings, but I was wonderi...