Allen Gross
Action plans and moving foward.......Accountant
Ok, to avoid Analysis Paralysis I am trying to take 1 action every single day to move towards my first SFH or MFH deal. I have met amazing people so far on BP, all of which have offered to help me in my journey and I ...
Paul McHale
Banking Question - opening up biz account w SDIRA owning LLC
Good Evening,
I have run into the roadblock of trying to find a bank that will open up an business account - with an LLC that is owned by a self directed retirement account. Unfortunately when the two LLCs were for...
Kathleen Frankovich
Using personal funds to buy with LLC
Hi Everyone. We are getting ready to make an offer on our first reo property with the intention of flipping it. We have set up an LLC and would like to make the offer through it. However, all of our funds are in pe...
Chris Burke
Capital Gains Advice - Sell or hold
I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental. Trying to understand if we should sell now...
Sylvester Krzynowek
Business Bank account setup
Hey guysDoes anyone have a good recommendation on a bank to use for a business account. LLC is setup for a single family rental property. I live in the Northeast seems like TD may not be a bad option. I do use TD for...
Account Closed
Initial expense/compensation in 3-person (33%) TX LLC.
Hello all,I'd really appreciate a few thoughts from this amazing community. I'm in need of some help on the best way to manage the rehab costs of a new property within a three-person LLC/partnership. This is the first...
Casity Kao
How do I include a legal clause on split utilities?
We have a single family home with two levels and will rent out to two tenants. Gas electricity and water are all one meter. Utilities will be under our name and we will bill tenants. Lower level is 950sqft and upper l...
C Martinez
Acounting Software
What software are you guys using to track your revenue and expenses? We have used excel, quickbooks, and recently purchased Peachtree. I started reading the setup guide for peach tree and it doesnt really seem like ...
Haritha N.
Recommendations for Advisor, Attorney and CPA
I have started RE investments earlier this year. My husband and I live in WA state. We own one rental property in Huntsville, AL and under contract for another.
Could someone refer service providers in WA or elsewher...
Anjali A.
Need Advise on HELOC
Hello fellow investors and PRO's I am looking to add another rental to my portfolio. I need advise on if I should buy another rental with a new home investment loan or is it better to get a HELOC. Thanks so much.