Shane Welch
Financial Software for Rentals?
Currently only own a Duplex.Hello, what is a good program to use for tracking Income and Expenses for tax purposes?Also where can I set up an online payment method?Would prefer lowest cost with a quality product.
Account Closed
Counting principal as a rental expense to estimate cash flow
Hi, I'm really interested in learning to analyze deals/properties for future investments. I've noticed in pretty much every analysis in videos and blogs, the person will deduct the entire mortgage payment (interest + ...
Frank Nguyen
Collecting CASH rent
What are some efficient and convenient ways to collect cash rent?
I have renter that was supposed to send me rent through cash app when we started the lease, however he was trying to say he couldn't get the app to wo...
Account Closed
Tax impact on Hard money - refinance - selling property
Hi, I have purchased a 3 unit multi fam property under LLC (50/50 partnership husband and wife in NJ which is Non-community state) and financed (100%) through hard money lender(personal guarantee). After the rehab was...
Paul Stamm
Creation of LLC for Real Estate
My Dad and I are looking at creating an LLC to purchase an investment property. We live in Indiana but are looking to invest in Kentucky. Does any know the implications of creating an LLC in Indiana all while being a ...
NA Jones
Glaring holes in our (long) plan? Please, evaluate!
Alright trusted and respected BP family... I apologize in advance for the length of this. I just realized exactly how long it is. Much appreciation for anyone who actually reads this mini-novel and has advice to of...
Adriana Cortez
Holding Company LLC
I'm interested in setting up a holding company out of WY, with two LLCs under it in different states and build my paydex. I also want to set up an estate plan. Any recommendations on who/where I can reach out to for t...
Rich Bultema
"Revolving credit balance too high"
My credit is being affected by, among other things, "revolving credit balance too high"it appears they like to see less than 30 percent utilization but does anyone know how that is handled with more than one credit li...
Ali Bukhari
Investment Portfolio Better on Personal or INC?
Buying investment Properties, Which one is better, Personal or INC? What are the Pros and Cons of Each? in Ontario Canada?
Joshuam R.
Hold primary mortgage, But add a friend on title.
Steps:
1-Live in and hold mortgage on primary SFH
2-Add additional persons to title only
Scenario, additional person on title gives closing cost $$ of 3.5%, add the person to title as 7% ownership and rides it out ...