Hello all!Newbie here looking to get my first few properties this year. I would like to learn more about setting up a LLC (or other legal entity) to own the investment properties and accounting/financial strategies to...

First off thank you for taking the time to read my post. It is very much appreciated. I am getting closer to being able to make a move on my first deal. The property I am looking at I will be able to get with seller f...

I'm not sure if this is the right board or not so mods, please feel free to move if appropriate. My wife told me that she discovered her stepfather opened up a brokerage account for her almost 20 years ago. They seede...

Happy Thursday everyone-I have two partners that will be paying cash for a out of state rental with me.  (Me: 55%, Partner 1: 30% and Partner 2: 15%)  How should the bank account work?  Do we just open a new joint acc...

Looking for recommendations for an accountant. Ideally looking for someone who can prep tax returns and advise on possible tax savings. Hoping that this person will also personally invest in RE. I have multiple LLC's ...

My wife and I are under contract purchasing our first property. It is a triplex where we will be house hacking and living in one of the units.My question is, would it be better for us to open up a new bank account for...

Does anyone have recommendations for a bookkeeper and tax accountant here in Salt Lake City?  We've flipped two houses in the last year and plan to do more.  One of our houses was in the historic district and there ar...

My wife and I are under contract purchasing our first property. It is a triplex where we will be house hacking and living in one of the units.My question is, would it be wise to open a separate bank account and run ev...

When setting aside money for expenses that aren’t necessarily incurred monthly such as capex, repairs and vacancy - where do you store these funds? For example, is there a separate account that you maintain and lump a...

I am currently looking for my first rehab project and had some questions on the accounting process. I am assuming that I will need to track the amount of money used for the repairs, holding costs, realtor fees, etc i...