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Hi All,Many years ago when I first started rehabbing and wholesaling, my CPA told me that the S Corp. was the best option for my business entity. I went with his recommendation, but now it seems like everyone I see in...
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Good Afternoon BP!As the title says, I'm in the market for a new bank; hopefully one that can do it ALL efficiently and with great user-friendliness. I've tried to keep it "local" and support my community, but it's ju...
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I'm a young newbie looking to get started as soon as I can but I am not in a rush since I know rushing is always bad for business. I have no credit and I was looking to take the FHA loan route. What can I do to build ...
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I am new to the rental portion of RE investing and am analyzing the following deal. This is a basic overview as the numbers aren’t important to my question. 6 New construction single family rentals. 2 bed 2 baths ren...
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Hey All, I'm fairly new to the investing world and bought my first triplex about a year ago. I've been actively looking to buy a second property now and I'm just wondering what did you guys do with your cash while sa...
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Greetings. I bought my first rental property just this past December. I used funds from a number of different sources; TSP loan, Roth Contributions, and from our HELOC; to pay "cash" for the property. It's definite...
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What is a good, basic chart of accounts template to use for buy and hold / BRRRR REI .I have the John Hyre "kiss guide" book, but the chart of accounts is fairly complex ,and seems likeoverkill . It's a helpful guid...
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Hey everyone,
Still new to learning about real estate investing, specifically rental properties. I was wondering, what are some good methods for bookkeeping when it comes to rental properties? I struggle with account...
I'm thinking about getting a website to collect buyer leads with basic info such as down payment , ect. Does the domain matter that much?
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Does anyone with multiple LLCs and multiple properties in each use TurboTax?I have two LLCs with multiple properties in each, and I am pretty confident in my ability to enter the data myself after doing it with an acc...