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I have an self directed IRA and the bank it's with (Solera) has problems with Plaid. It prevents me from transferring money to my crypto exchanges and I end up wiring money, which gets expensive. It would also be nice...
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Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business. Properly structuring your bank accounts ensures that every dollar in y...
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So my question is do I really have to open a new bank account to collect rent for each new property? The LLC has its general business account that we use for all our administrative and operational expenses but I opene...
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Hi, We are looking to open separate checking accounts for each child in a Series LLC we just started in TN. We are out of state and have had both large banks (Chase) and local TN banks say they would only open one for...
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Can anyone confirm or refute this?
I received info that in the House's version of nationalized healthcare, HR 3200 page 59: 21 is says that the legislation will ‘‘(C) enable electronic funds transfers, in 22 or...
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Hey BP community,
I am currently in escrow on my first deal in San Diego and really wanted to know what bank account or app offers the best service for someone with a small portfolio. I've learned to keep my personal...
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Hi BP members.I'm a newbie investor from Australia trying to open up a bank account for LLC in Michigan without visiting.But when I googled options and it seems most required me to be there. except some online ones.Co...
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So I'm selling one of my rental properties for about a $15K gain in order to put some extra reserves into my pocket to help support buying more properties. I wasn't planning on doing a 1031 exchange as I need the cash...
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Hi guys,I have a property management company that has a separate bank account and all of my tenants deposit the money into this account. Lets call it "Mary's Property Management LLC"Is it ok to pay mortgages from the ...
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My goal is to get more lines of credit to one day use for my property expenses and let my cash flow pay of the debt. Eventually potentially use to invest in more real estate. Any other recommendations would be great. ...