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Hello all, Have been lurking for a while here, reading and listen to the podcasts. Great community resources! I grew up with my parents owning & operating multi-family buildings and homes in a smal...
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when creating my LLC does it matter what state I put down for a business address, example would it matter that my llc is based in ohio while I am doing business in Michigan>??
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Here's my situation.
I have an new LLC (no history, just a bank account)
I have two people who want to invest 50/50. They will front their credit on a hard-money loan. One partner per deal. I find the deals, negotiat...
What advice would you give me I have 550 credit score . All my income is under the table . I have 4-6k deposits every month in my bank accounts . Just got an ein number : looking to form a llc or business entity with...
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Hello Bigger Pockets Philadelphia Community! Let me introduce myself. My name is Jack Perfett and will be moving out to Philadelphia for my first job out of college in May. I have been studying any source of real esta...
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Has anyone attempted to use one instance of Quickbooks for multiple entities, such as LLCs? I'm struggling to figure out how to best set this up, and do not want to purchase (or have to manage) two separate accounts.
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I plan to rent out my personal residence for several years while living/working out of the country. Should I set up a separate bank account, LLC, etc. to care for the financial aspects of this? Regards,John
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So My first property ever should be closing in the beginning of October... Yay!!But I'm not sure what to do here. I want to set up an online rent collection account. Maybe with Cozy. I went to my bank and asked them t...
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Hello BP!What has your experience been with allowing tenants to deposit their rent payments into your account at the bank? Has anyone experienced a time when the tenant made a withdrawl? Also, in terms of setting up A...
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I earned 90 k as a 1099 contractor working in my LLC. expenses are around 20 k so NOI is 70k. it appears tax efficient if I tax this income as S- corporation. i do have EIN for my LLC and all income and expenses wer...