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Results (9301)
Michael Coritz What is the proper type of bank account to run my rental through?
25 September 2022 | 6 replies

Hey everyone - new investor with some basic questions. I know this probably sounds pretty elementary, thanks anyways!
I have one rental property that was purchased with a VA loan and was my primary residence for 15 m...

Gianluca Rossi Do I need to create a company or separate bank account is enough?
27 December 2021 | 8 replies

Hi,We are closing on Friday on a property upstate that I would like to use as a vacation home and rent regularly through VRBO/Airbnb.I've read of the importance of keeping a separate bank account for our rental proper...

Jeff Bodenmuller Delayed financing/cash out refi??
1 June 2023 | 19 replies

Hey all the financial guru's out there! Got a question. We purchased a wholesale property in Venice FL Feb of this year.Our plan is to rehab it within a couple months and turn it to airbnb!Ok, so back before we bought...

Andrew Syrios Section 42 Apartment Development
20 December 2019 | 6 replies

Hey everyone, might be shooting in the dark here, but has anyone here done a Section 8 (or LIHTC) multifamily development project? I've looked at a few Section 42 properties we could have bought but I've never approac...

Craig Miller House Hacking Tax Question
20 December 2016 | 7 replies

Hello BP,I had a question on the best way to approach my taxes with my current house hacking situation.  My property is a double, with our tenants in the downstairs unit and my girlfriend and me splitting the upstairs...

David Tipton How Much to Estimate Maintenance on Rental Property - Los Angeles
19 December 2015 | 7 replies

I've started trying to value multifamily deals, but having some difficulty knowing what is reasonable to estimate for maintenance (i.e. repairs and capital expenses).  Does anyone in the LA area have a general "rule o...

Bruce Woodruff Accounting /Tax Question?
7 November 2021 | 14 replies

We moved to a new state about a year ago and bought 2 STRs as part of our retirement 'plan'. Fast forward to April 2021...I took all the pertinent info to a new Tax guy that was recommended to me. We are under an exte...

Glory Dasilva Buying rental property
24 December 2019 | 12 replies

Hi everyone, I’m trying to acquire a property in Albany, NY. Do you think I should go for it based on the numbers below?The property price is $205KTotal Monthly income from the 3 units: $2,583. Monthly expenses: $2,32...

Todd Magin Taxing of Capital Expenditure Funds in LLC
11 January 2017 | 8 replies

How is the capex reserve fund handled tax-wise in an LLC (or S-Corp)?Over the year, a portion of the rental proceeds are siphoned off into an account for future upgrades (roof, furnace, rehab, etc). Does that count a...

Mike Musarra Ballooning out of a Hard Money Loan
2 September 2024 | 22 replies

I'm purchasing a home in a suburb of Cleveland with Hard Money.  My original intention was to flip the property and use the proceeds to help purchase a small multi-family home but am now considering holding the Single...