I am starting out as an investor and have done some reading on Series LLC. I searched in the forums and did not find an answer.
I have seen a setup as follows:
1. abc LLC (Parent LLC)
2. 1 Series LLC "cell" to manag...
How are you guys managing your properties from a banking perspective. Do you have an LLC for each property with each having its own bank account? What has been the easiest.
Hello allI have 5 rental properties(12 doors)and I have been using spread sheets and an account book app but it's getting a huge mess and I would like to get prepared for upcoming tax filing. I have 5 different bank ...
I’m planning to scale my VR business. Also reading through the E-myth book. What systems did you use to scale your RE business? Currently I use Beyond Pricing (a dynamic pricing tool) and Your Porter (for guest commun...
I have formed a Series LLC for my rental properties. What are your thoughts on utilizing Protected Series 1 as the management protected series, responsible for managing the operations of the business? Protected Series...
I'm looking to invest in my education in accounting. I have an ok/mediocre idea of what I'm doing. I'm extremely organized and precise with tracking income & expenses on an excel spreadsheet. I've read "The Book o...
Hello everyone.Looking to network with potential team members and would appreciate references for real estate agents, attorneys, accountants, title companies, general contractors, insurance brokers, lenders, home insp...
What are you guys thoughts on accepting rent using Apple Cash? From what I can see there's no fees. You can reject a payment if its not the correct amount. The limits are high in comparison to Zelle, for instance. I...
How do you all set up bank accounts for rental properties? I am a new investor here in San Antonio. Own a duplex and a triplex. Bought both of these within the last 6 months. I am working on organizing the rents and ...
Hey folks,
Several weeks ago, I posted some questions about what I suspected was an un-informed group offering IRA advice. As I suspected the advice was bad, as indicated by the answers I got here, my accountant, an...