Alan L.
CPA license and Real Estate Investing
Hi,
Are there any CPAs on this forum that have participated in any real estate investing themselves? and how has their CPA license benefit them (in anyway or at all) in their real estate investing activities?
I'm ju...
Mason Blake
How do investors often manage the flow of funds for cash flow
Very tactical question, here. I am curious what people are doing with the flow of funds from cash flowing rental properties. A few questions here:
Do you setup completely different bank accounts for collecting rents ...
Harsh Dangaria
tax question on refi
Hi BP family.
Quick question:
Lets say, I paid $100K cash for a property purchased under a LLC. Few months later I refi'ed the property at a slightly higher amount and the bank paid the llc back $120K.
If I use the...
Alain E Gonzalez
Tax Season at The Colony TXs
I am new in the Colony Texas area and I am in need of a good accountant with a real state background. One of my investor properties was rented and now sold. Since I dont know how to correctly file my taxes, I need to ...
Account Closed
Starting out of state
Is it better to start investing in multi multi family or single homes as my first investment property its all being done out of state i live in nyc
David Wilmer
Getting started with first STR
Hi! Recently joined BP and this is my first post... Looking to get into the STR business with a main goal to maximize cash flow and hopefully grow a little over the next few years. I have a couple of initial question...
Michael C.
Combine two LLCs without a sale of property?
Is it possible to combine 2 LLCs? Lets say I have 100 identical single family homes in one neighborhood owned in two LLCs. 20 are 100% owned by one owner. The other 80 are 50/50 between the original owner and ano...
Grant Shipman
Do You Know About the HUGE 2003 Shift In Rental Real Estate?
In 2003 Redfin and other reporting groups announced that the single-person household became the dominant household. This means more people are living alone than at any other time.
Wow!
I remembered when I first le...
Jeffrey Campbell
Splitting proceeds on personally owned property and an LLC
So I bought a piece of property for $50k (owned personally) and developed it into a restaurant (LLC invested $125k). Now I’m selling it for ($175k) and am looking for suggestions in structuring the sale between myself...
Vaughn A Peters
Quickbooks chart of accounts
What is a good, basic chart of accounts template to use for buy and hold / BRRRR REI .I have the John Hyre "kiss guide" book, but the chart of accounts is fairly complex ,and seems likeoverkill . It's a helpful guid...