Davit Gharibyan
Corporation or LLC
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Rylan Kean
Quickbooks vs Freshbooks vs Wave
A little background first... I just opened an company with my partner in Nashville, we will be a partnership LLC. This is no longer a side hustle, but rather a full time career with a partner who has been doing this f...
David Burns
erentpayment.com late deposits?
Is anyone else experiencing issues with erentpayment.com? I use them for rent collection and they are currently holding my recent rental payments. Allegedly there is an issue with their bank and the bank's required ...
Roy C.
Bank Account Allocations
Hello BP. Hope everyone had a wonderful holiday. One of my NYR is getting more involved with REI and BP forums, so here it is.How do you guys manage your REI bank accounts?From what I understand from previous discussi...
Brian Spink
Rent payment
For those of you who have a single family home in your name, use an umbrella insurance policy, and have no LLC, I assume you have the tenant write the check to you directly? Do you have a separate bank account just fo...
Steven O'Leary
Can I lend from a SDIRA to an LLC I have a minority stake in?
I’m a passive partner, 30% stakeholder, in an LLC where we buy and hold rentals. I’d like to create a SDIRA or SOLO401K and loan the LLC money at fair market rate.Since I’m not a majority stakeholder, I don’t believe ...
Chris Seveney
Asset Management & Accounting Software
We will soon be outgrowing quickbooks and looking for enterprise level software that handles accounting as well as asset management. We are more involved in the private lending space, so curious if people are familiar...
Theresa Amouzou
Should I get my Masters in RED ?
Hey guys!I am currently in a 5 year accounting program but real estate is the career path I have chosen. I have many tools to my advantage right now and I am pretty sure within time I should know what I am doing well ...
Account Closed
Advise for fellow newbie
Hey BP community I need some help. I'm a 22-year-old recent college graduate who has a passion for learning about real estate. I'm thinking of getting into house hacking as my first investment, and continue on through...
Account Closed
Property Managers as bad as everybody is saying?
I'm fairly new to bigger pockets and would like to start investing soon after graduation. It seems to me a great way to get some initial experience would be to become a property manager for a small, local investment c...