Account Closed
Cash Back at Closing
I have heard that in Canada, banks are not usually comfortable with deals that include cash back at closing.I can not figure out why. In my opinion, the banks should really only care if they are financing more than 80...
Brandon Turner
Capital Improvements Included in an Appraisal?
Hey all - I'm getting an appraisal done on my apartment complex this week and I'm wondering if anyone knows: Will an appraiser include the "CapEx" in the valuation? Like, I spent $25,000 replacing the siding on part o...
Chris Seveney
Transferring Properties out of LLC Question
Quick Question to the group:lets say you have a LLC which owns properties - call it Property LLC. Property LLC is owned by Holding LLCHolding LLC is owned by Jane Doe.If you were shutting down the LLC and wanted to ju...
Joe Sivic
Best way for newbie to invest?
I am looking to get started investing, I have some money to invest and am looking to learn how to do this the right way and not learn the "hard" way by investing my money foolishly. What systems are people using su...
Clarissa Finks
Feedback on Management Platforms (Baselane? Stessa?...)
Good morning all - I've been using RentRedi for the past year but have heard good things and am exploring Baselane and Stessa. Any feedback from direct users of Baselane and Stessa that also have used RentRedi in the ...
Philip Feinstein
CPA Recommendations please and thank you!
Hello BP!
I live in the Chicago Northwest suburbs and am looking for an experienced CPA/accountant to assist with taxes and returns for a mixed portfolio (w2, Realestate portfolio, stocks)
Thanks in advance!
Belinda R.
Piercing the corporate veil
I just formed an LLC and opened a business checking account. When flipping houses I use my Home Depot credit card to make purchases for supplies, appliances etc and pay off once I sell. My question is since this Home ...
Paolo Ertreo
Taxes & deducting rental property taxes & insurance
I am going to file my 2022 taxes as a landlord (for the first time). I have only received a form 1098 from my mortgage company. These forms have a field for "prop tax" and "insurance paid" but they both show $0 paid i...
Elizabeth Diskin
SDIRA Multi-member LLC Annual Asset Valuation
We recently set up 2 SDIRA accounts (one for each spouse) and pooled funds to create a multimember LLC. The money has not yet been invested. It's sitting in new biz account in name of LLC. Custodian of SDIRA accounts ...
Kyle Collette
Starting a Securities-Backed Line of Credit (SBLOC)
BP Community, needing someone much smarter than I am.I have looked into (and previously posted about) opening a SBLOC. I am set on doing so, however I am currently have my investment account and retirement accounts wi...