I have a Single Member LLC where i have gave an initial capital. I do cash based accounting.My question is since the initial capital doesn't count as income correct? then when i transferred a portion of the initial ca...

I am a firefighter and started a second full-time job with purpose of increasing income so that I can buy more property, reduce current toxic debt(any debt that doesn't pay for itself) and paying off the 3 rentals tha...

Hello - this may be a newbie question but from reading the various articles on BP and Investopedia, my understanding is that Net Operating Income (NOI) is defined as operating expenses required to run and maintain the...

Hello Everyone,    I currently own three properties under my name and have a separate checking account for each under my personal bank account. How do I best go about creating an LLC and moving the money in each accou...

I've Learned a ton about accounting lately, but I just can't seem to figure out depreciation.I bought a rental property for $25,000 in 2012. I was paying back $500/ month at 4% interest to a private investor. I sold t...

Hello,I currently have 6 doors in a retirement trust.  Its basically set up like a 401k.  I can put a certain amount of income into and buy real estate from it.  I cant touch the money and all rent has to go back into...

Hi,I'm a small landlord at the moment, but looking into investing with a place like Fundrise for some passive activities.  My real question is if Fundrise passes on depreciation through to the investors or how any of ...

I have been investing 401K funds through a self-directed DB plan in my company for a while, but now I have different 401K money coming in and wondering who uses retirement accounts with traditional stocks and who is i...

Im in the process of getting a duplex under contract. The home owner and I agreed on a price of 25,000. But he says he wants his money in 3 separate checks (9k, 9k, 7k). He says he wants it this way, so he's not audit...

Hello BPers, I'm stumped and hope to get some clarity on this - If I am currently living in NY, but lending on properties in Florida, which state will I be paying taxes in? The lending LLC will be set up in Florida. H...