Can anyone offer advice on how/where to set up a dedicated REI bank account(s)? Should I ask about high yield savings accounts or just keep all REI cash flow in a separate checking account? Does each property need its...
Hi All,
Just looking for some general guidance. I am in the process of applying for the Philly Tax account number online (to get a rental license) and one of the screens ask which business taxes apply to you. I kno...
Hey master minds, need help setting up my Quickbooks Charter of account. Wondering how you have your set up. Thanks
I will be applying for a limited brokers license in MN and will be purchasing single family homes for rental properties. On the limited brokers application is asks for a trust account information. Do I need a trust ac...
Looking for a tax accountant (planning and tax prep) in Iowa who is expert in real estate. Doesn't matter what part of Iowa; I just want them to know Iowa real estate tax laws. CPA not a requirement either.
The most...
Hey all, recently I’ve made the decision to go all in on real estate investing. My plan is to keep my day job (m&a, sales) and during my off time cold call sellers in my home town and find the right partner to set...
If I have a guest stay for a week, starting in December and leaving January 1, how should I account for the revenue from that stay, as it is in the transition from one year to the next? Would all of the revenue go int...
Looking for software suggestions for managing rental properties.
What do you guys do going into a conventional loan? Do you obtain a mortgage and supplement it with en escrow account or do you pay property taxes and insurance yourself? Usually banks want to give you a bit better de...
Hey everyone,
I'm a Canadian investor looking to invest in Florida, does anyone have a Canadian/US tax accountant that they can refer me to, to properly set up my corporation?
Thanks