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Results (10000)
Alan L. CPA license and Real Estate Investing
3 November 2011 | 8 replies

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...

Axel Meierhoefer 9 SFR, 9 locations, 18 bank accounts - or how to manage?
15 March 2019 | 67 replies

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...

David Wilmer Getting started with first STR
15 August 2023 | 5 replies

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...

Trey Perrone converting to rental; separating expenses
21 September 2015 | 1 reply

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...

Svend W. Looking for a tax accountant in Chicago
2 March 2022 | 5 replies

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...

Account Closed What type of entity should I create to govern my LLCs?
1 February 2020 | 5 replies

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...

Jared Lomker How do you go about sell portion of portfolio?
27 December 2021 | 2 replies

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...

Mohabub Miah Multi unit property
2 April 2015 | 3 replies

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...

Pradeepan V. Solo 401k investment question
30 June 2018 | 17 replies

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...

Russell Cazeault LLC and simplified bookkeeping
19 February 2020 | 15 replies

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 ...