do I need to be on the title to depreciate income?i was thinking of asking my mom to be a credit partner
she signs for the mortgage,
i do everything else, money down, monthly payments, fees, taxes, insurance, mana...
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Hello,Closing in a house and the lender is asking for "proof of funds for personal property". I hadn't heard the phrase before. Calls to the lender have gone to voicemail. Can anyone explain?
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Hey everyone, just wondering what some of you experienced guys use to quickly analyze multi-family deals. I have downloaded some different spreadsheets in the fileplace. But was wondering if anyone had any other input...
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I have a duplex with tenants I inherited that pay their rent in cash. The current setup is I swing by once a month to collect the rent. I'm going to have them sign a new lease, and don't want to collect the cash eac...
So far, My Old school ways of keeping track of incoming / outgoing $$$ has been fine. However, Change is in the air! I'm starting to realize that for various reasons I need to find an accounting program that is specif...
I was told by a CPA and a Real Estate attorney not to put my properties into a Wyoming or Nevada LLC for privacy because if some attorney wants to find out who owns it or to know its members it’s not hard to do so.Any...
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Hello i'm Foz im very new to investing and looking to get out of my 9-5. After reading rich dad poor dad and biggerpockets podcast i'm excited to learn. Im looking to invest in storage units, and would like some advi...
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Hi BP
I am running through some scenarios for a first rental property which will be out of state using a PM.
The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...
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Hello, everyone, my question is about how to structure my rentals and flips in 1, 2, or more LLCs. I've perused the forums and haven't quite found what I'm looking for. Ideally, I'd have a simple system that does no...
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Does anyone use the quickbooks accounting programs on the BP perks. I noticed that it was called “flip” and wondered if it is only geared towards flipping houses, and would it benefit me if I was renting or wholesaling