Greeting BP RE tax gurus:I've received a notice from my SD-IRA custodian to report the fair market value of my "investment".  I invested in a Single-Member LLC, of which I am the "Single-Member".  The single-member LL...

Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...

I am moving due to military orders. I am going to turn my primary residence that I live in right now into a rental. I bought the house under my name using a VA loan. Should I place the house in an LLC when I move or k...

Is it best to start investing with a business bank account or can I use my personal bank account with multiple checking and savings accounts?

Anyone used any service to find the SSN or bank account of tenants? My attorney mentioned Collex but I couldn't find the website.

I have multiple flips going, all under one LLC taxed as an S-Corp,  and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...

Hi all. We just bought our first (of many we hope!) buy and hold rental and will be deeding it into an LLC owned by our trust. I would prefer to set up a second property management LLC to handle all the tenant screeni...

Hey guys, I have my second flip under contract and plan on growing the business. Since things are getting more and more complex, I need to figure out a system to keep things organized and stay on top of accounting. Ho...

One LLC bank account of SDIRA has extra cash which not enough or read to put on property yet,  and the bank gives money market interests, which is under 2%. The banker said to get higher interest, such as 5% needs to ...

I don’t have any rental properties as of yet. I have a question regarding rental expenses, such as Cap Ex, repairs, vacancies, etc. Do you have separate bank accounts? One account with separations on a spread sheet? T...