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Hello BP family,I just started my LLC and now looking into setting up a bank account. I'm going to use a local bank, my question do I need to set up a business bank account or can I set up a personal account for my LL...
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Hi All,Closed on my first property recently. Looking for suggestions for an accountant to help with taxes the first time through. Who have you worked with?Who do you like?Thanks in advance!!
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I’m looking to close on my first investment property this coming January, and I’d like to switch from doing my own taxes to working with a professional. My preference is to work with someone who specializes in working...
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Should we set up one checking account per property?My husband and I purchased our small single family a few years ago. We are in the process of purchasing a duplex with additional rented storage space where we will mo...
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I was looking at the upgrades and want to upgrade and wanting more understanding on the pro? And the Premium?
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I have a rental property that I could pay off if I liquidated my TSA and IRA. This would give me $850 cash flow from the rental property. This will also free up some debt to income so I can invest in another rental ...
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Hi - I am new to real estate investing. I live in Chicago and currently have two rentals (single family homes) located in Virginia. I am looking for a new accountant to work with on my taxes this year to make sure I a...
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My boyfriend and I just started our real estate venture this year and just started renovations! There are obvious advantages to having a house when it comes to taxes. We intend on fixing up the house and renting it ou...
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How do you all deal with multiple bank accounts if you own multiple properties in different LLCs?Long story short, I am creating a New Mexico LLC to be the holding company and owner of children LLCs created in the sta...
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I recently purchased my first investment property (a duplex) and now have a property manager in place and both units rented. Trying to figure out how to manage the financial side of things. Do I need an accountant, ...