Newbie here...If I were to buy a duplex to house hack, where do you recommend directing the rent payments to?-Directly into a checking account?-Do I need a separate business account for tax reasons?Thanks!Anders
Just a heads up to check both your Homeowner's policy and Rental Insurance policy to see if you are covered for riot, terrorism, and civil disorder problems. If not, it can be purchased separately and is fairly inexpe...
Hello newbie here looking for advice!
My wife and I file taxes jointly in which we own separate properties where neither of us are on each others lien. Is it possible to get a HELOC on bother properties.
Anyone out there rent out the main dwelling and basement to different tenants? Do you have separate utilities? How about laundry? Are tenants on main level receptive to tenants in basement? Any thoughts on this house ...
I have a question regarding security deposits in New York State. Does each tenant require a separate interest bearing bank account or can multiple tenants' security be deposited into one account and whose tax id# shou...
Do we start a new LLC under the Holding LLC for each property and a separate bank account for each property also?
Do you need a LLC to get stared? From.my research it is wise not to intermingle funds
Hi All,
What's the correct way to register incoming rent deposits via Zelle to Income in QB. Currently there are 3 buildings with 3 separate checkbooks. All the deposits initially go into one building checkbook as a ...
I currently have one gas line/meter feeding 3 forced air heating units and 2 boilers. I'm looking for a Plumber that can add 2 more gas lines (a total of 3), so I can bill my tenants separately.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $108,000
Cash invested: $16,000
Contributors:
Joseph Ziolkowski,
Jared Freye
Dupex: 3...