Hello Everyone, I'm new to the group and posting for the first time. I currently self manage 2 townhouses from out of state (located in Kalamazoo, MI but i live in Chicago) as well as a summer lakehouse that I just pu...

I am reading a ppm for a multifamily complex acquisition, it is standard waterfall distribution which it states as:(a) first,to all Members until such time all Members have received aggregate distributions pursuant to...

*With apologies for how basic this probably seems* I wanted to ask for general advice on where rental income should "live" in the short and long term, and make sure I'm handling things correctly. My wife and I just mo...

We own two properties. Our current accountant isn't as aggressive or informative as we would like with real estate tax benefits.

Would you have a recommendation for a real estate focused accountant? We want to maxi...

Looking for advice. We are looking to move our accounting from software my husband wrote for himself many, many years ago to something like Quickbooks so I can do the accounting. Trying to free up his time so he can w...

Any good recommendations for Real estate CPA. Looking for consulting for properties in Chicago and Texas

Trying to find a way to expand our real estate portfolio while also improving our own home.
My wife and I lived with family for 2 years, which allowed us to save quickly. In 2024 we bought two homes - a duplex rental ...

The law in my state is vague. It says you must create a separate account for the security deposit, and you can't mingle it with your own money.

I was thinking of creating one bank account for the security accounts of...

To all the millionaires out there, where do you think is the best place to put your money to let it grow while still being able to pull it out when needed? Personally, I prefer being able to access my money without pe...

We just created a WY LLC, and now we are looking to open a Business Banking account in Texas(Member lives in Texas). I am sure many people have already gone through the same situation. I guess most WY LLC owners woul...