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My business partner and I are interested in house hacking together for about a year before moving out and renting out the property entirely. I would like to know if we should form an LLC given our situation. Of course...
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I know that the topic of LLCs for rental properties has been discussed ad nauseam on this forum, and I appreciate the depth of knowledge that is available through the website. I have some very specific questions that ...
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Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...
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1) My CPA Firm / Tax guy is *excellent*.2) Two years in a row (2019 and 2020), I've had a non-tax related issue come up during "tax season" where I needed CPA/Tax/Accountant advice, and was given a "too busy" respons...
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I was wondering if all private and HML in IL charge points?
Hi Everyone,
I found this forum after deciding to get into the rental house business part-time. What a great place to learn about all aspects of the business. Thank you in advance for your feedback, comments and ide...
Bank of America says using its merchant services for lending money is prohibited. I then asked the representative, can i open a regular business account for my private consumer lending business where customers pay me ...
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I was wondering if anyone has used Fund and Grow along with Plastiq for paying a down payment for investment properties. Plastiq states that certain credit cards from Fund and Grow can be used through Plastiq to send...
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Hi, I'm new here and have a question.I have 8 rental units and have been using YNAB for accounting because I LOVE it for my personal finances, but its super limited on reporting so I have decided to try Quicken. I ju...
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As a former real estate investor who lost everything, when I begin investing again, should I purchase properties under an LLC? I'm told I will be protected personally by doing it this way.