Ralph Chiaia
How Biz Accounts flow to Personal Accounts without piercing LLCs?
I am a big fan of Profit First by Mike Michalowicz and have opened many accounts as he suggests to separate profit, tax, opex, own pay, etc. It's much faster and easier to open personal accounts than business accounts...
Kyle Curtin
Use 1 CRM account for multiple projects, not multiple accounts!
Happy Friday guys! Friendly piece of advice when using a CRM for anything, don’t make multiple accounts/databases for different projects. Try to use one account, and just use different “tags” or “properties” within th...
Anjum Yaseen
Rental Security Deposit- Trust account or just dedicated saving account
Hi,Do I need to put my tenant’s security deposit in trust account or do I just simply open a separate dedicated account for security deposit and put the deposit there?Thanks in Advance
Dameron Shore
Local Bank or Broker Cash Account for Solo 401k Account
I am about to initiate an i401k and have put in an inquiry with my preferred CU as to whether they can (or actually whether THEY think they can) handle the checking account for it. The assets are currently in an old 4...
Did you know you can invest in real estate using funds you’ve probably forgotten about? For years, you’ve been socking away money into your IRA or 401(k) to ensure an abundant retirement. The problem? You’ve only been...
Personal finance doesn’t have to be complicated. Saving, investing, and retiring early shouldn’t be a stumbling path to wealth, but many Americans feel this way. So, to clear up some of the money misconceptions, we’re...
Kevin S.
Use up retirement account for REI or non-retirement account first?
Hello BP members,Have any of you been there and done that? Left the market, completely or partially, and had to choose between using funds from either accounts? Which did you choose to dip in first and why? Looking ...
Charles Cook
Question about account opening bonus for IRA-LLC business checking account
Hi everyone - Just getting started on BP (my first post here!) and with my first investment from SD IRA. I have already setup the IRA with a custodian, and am in the process of incorporating a special purpose LLC to m...
Denzel Domingo
How do you setup bank accounts/business accounts for your LLC?
Goodevening,Future investor here wanting to do subject to, owner financing and lease option purchases.How do you automate payments from your tenants to your bank accounts or business accounts?Also from your business a...
