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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...
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I am about to dive deep into a 1031 exchange and the end result could be 2 SFR in 9 locations compared to my current 3 SFR in 3 locations. All my properties are turnkey managed. So far I have always had individual ac...
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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...
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New to real estate and BP community. Finding so much great info here!Currently have a town-home that was a personal residence and converting to rental. At this time cash flow wont be much ~$200/mo but will look into r...
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Hi allI know I'm getting started on this pretty late for this tax season, but can people give suggestions on a Chicago-area tax accountant or CPA?I'm also curious if people think it's overkill to hire a CPA when you'r...
If I have multiple rental condos titled within various single-member LLCs (each condo is it’s own LLC), what entity should I create to be the “master” entity? This entity would be the “manager/single-member” of the L...
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Hello group!!!I’m looking for some advice. If I own a portfolio of single family homes under one commercial loan. How/can I sell each property off individually until I pay off the loan entirely? Is this possible and o...
Hello everyone this is my first post!!!
I am interested in purchasing of multi unit property. I own a few single unit home, which are paid off. Valued about 300k I want to understand how to purchase multi unit proper...
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HiNewbie here. Awesome forum. Love reading great posts. So this is my situation. I have a Solo 401k trust account established through mysolo401k. I have got my EIN too. They have been very helpful in answering my que...
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So it is recommended to have each property in its own LLC. However, having to run separate books for each entity is a hassle. Is if possible to have one LLC own multiple LLC.s ? Then just run one set of quick books ...