Hello - I am told I can open a tenant escrow account before choosing a tenant. How do I open a tenant escrow account without having tenant W9, a SSN and a birthdate? Called one local bank who said I would need my SSN ...

Hey BP community! 
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...

Hi BP Pros and Rookies,I'm a newbie out-of-state investor looking for some guidance regarding the steps to close out an off-market deal in Kansas City, MO.  I feel like the proverbial dog who caught the car.  Any advi...

From what I have read I should have an account for security deposits and an account for rent and expenses that are separate from my personal account. Assuming I will be targeting 10 properties here are a few questions...

I've done some reading on the advantages of Solo-401K options (this article was awesome!).I am hoping to use funds from my adjunct teaching to invest in real-estate and was hoping I'd be able to shelter this income by...

Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...

I've heard it said that business income is handled differently than traditional earned employee income. Can someone explain this in an example for me? For example, how is $10k of earned employee income taxed dif...

I have an LLC for my real estate startup, but I have neither the capital to get it off the ground nor the credit score to secure funding. I have a potential partner who I am willing to sign on as a 50% partner in the...

Hello,

I recieved an email today from one of my tenants saying...

“My daughter's father in law recently asked me if I had your social security number for tax purposes since his construction company wrote you the se...

According to Brandon Turner's Book on Managing Rental Properties: Once tenants move in and the Deposit to Hold is transferred to the security deposit to be held throughout tenancy, is the Deposit to Hold pro rated for...