I'm both a Quicken user (need to upgrade soon) and a Quickbooks user.We recently purchased our first cash flowing property. If I were putting in an LLC, no question, I would use Quickbooks. But since we currently own ...

We own several multi-families and I'm clear on the safe harbour ruling to allow those interests to be treated as a business for purposes of the Qualified Business Income Deduction.  What I'm not clear about is whether...

I use hurdlr on my phone to track my miles for both personal and business trips. Today I made a trip to the unit that I'm trying to lease and then before returning home I stopped at a gas station for a drink. Hurdlr t...

Hi Tax experts and experienced investors,Do I need to own my rental properties under a business to claim the new car depreciation (section 179), or can I have the properties and the car in my name, and still claim the...

I am investing in Michigan.  My questions are as follows:I have an LLC.  Should I purchase properties in my business LLC name or should I purchase each property in it's own LLC name and show my biz LLC as the owner th...

I just filed for my LLC for real estate investing and it's effective on 1/1/2017. I have someone working on a logo for me and my next step is to order business cards....my guestion is should I put my profile photo on ...

So my wife and I are getting ready to relocate to another state. Once we find a new location I would like to buy a cheap fixer upper sfh to live in while we build our new lives. Of course when I go to purchase a place...

Hi everyone!My husband @Kevin Kovalsky and I have been in the process of setting up a business structure for our rental properties where each property is in its own LLC and then all the individual building LLC's are o...

Hello everyone,
I would to start a short term rental business and I've started to look at properties.
How difficult will it be to fund the loan for the property when buying as a LLC?
As of now, I've put away about ...

I have a house that I've been renting for the past few years and I plan to sell it to buy something closer to where I live now. I used to live in it so when I started renting it, I did a quit claim deed from my name t...