Stephen Stefanini
STR / Airbnb Tax advice
This is the first end of tax year for my STR business. I've done my own taxes for years, but this will be my first time with an LLC & small business.Any advice regarding taxes or accounting?
Haickel Padron
Hsa investment question
I have an HSA thru my job. If i transfer money from that HSA to my bank account is considered cashing out? What kind of 1099 they will issue? I want to invest it in my own bank with interest but how can I show to the ...
Eli M.
How many loans can one practically take?
Dear BP community,I was wondering, is there a formula how one could calculate how many loans banks can practically give him?Does it matter if I buy the properties on LLC? Does it matter if my wife is also on the llc? ...
Account Closed
Quickbooks: Contributing cash via bank transfer
How do you record cash contribution to a company in quickbooks when you are transferring funds from personal bank account to a business account? Do you still use "make deposits" and leave the payment method blank, or ...
Yaamu Camara
How do i set up my Bank account as a first time RE investor?
I just closed on my first property a triplex in Peoria Il, but i currently live in Georgia. I’m struggling on how to set up my bank account for my investment (s). I know i cannot use my personal bank accounts. Please ...
Christopher Gray
Vacancy and First Property
I have been doing research for quite some time and I just would like some feedback from you all.I am looking to purchase a $1.1 million apartment complex, 3 units, built in 2019, this would be my first home..ever as I...
Delsean Barrow
Should I pay for repairs on a home for VA approval?
I'm currently purchasing a home that needs some updating. My plan is to occupy the home as I complete repairs. The seller has only agreed to pay closing cost. However, there are some exterior repairs that need to happ...
Ali Senchenique
Security deposit and rental income question
Question about bank accounts. Do you guys keep security deposit in a separate bank account and if so what kind? CD, money market account or just plain bank account? Also for rent, do you open a different bank account ...
Jilanie Staples
First Time House Hacking
Hello everyone!My name is Jilanie Staples. I am new to BiggerPockets but have been interested in the idea of purchasing a mutli-family property and owner-occupying for years. I am finally at the point where I can affo...
Niyi Adewole
Seller Financing Deal in Atlanta Georgia - NEED ADVICE
Good Morning Bigger Pockets Family,
I recently listened to BP episode 527 and episode 528 with Pace Morby, and I (like many of you) was inspired to take action with the immense wealth of knowledge he provided on sec...