Tristen M Walker
How to Setup Business Accounts
How do you guys/girls setup your business bank accounts? My questions are:Do i need an LLC for a business bank account? Can i hold multiple security deposits in one account? the money wouldnt touch my personal account...
Dwight Cook
Lenders for Multi-family investment properties
I am looking into a duplex that costs $60,000 and I have $10,000 currently to invest. The only problem is I cant find a lender that is willing to Finance a mortgage because I will not be living in it. I have excellent...
Sean Person
New Member from Massachusetts
Hello everyone,I'll start this intro by saying I am "newish"After buying my first home a few years ago I started doing a lot of reading into real estate. As part of that process I stumbled onto Bigger Pockets while se...
Aaron Brown
Gettin Hitched and buyin another House! House Hack Success Story!
I'm SUPER excited! Had to share this with my BP community. First off, I'm getting married to the love of my life this July! Woo hoo! What a great gal I've found too- God has really blessed me! Second, we just got a s...
Fernando E.
Guidance on managing LLC and personal bank accounts
Hi BP family,Wanted to get insight from you guys on how you separate your LLC checking account and your personal account at the early stage of your business where basically the funding that goes to the LLC checking co...
Brady Miller
Business structure: anonymity, taxed $, and retirement $
Hi all! I am interested in starting my REI business to meet a few specifications & I'd like your input on what kind of structure would work best. I understand I'll need to talk with a CPA and attorney too. Thank y...
Thomas Ross
New Investor Introduction
Hello BP Community!My name is Thomas Ross and I am a recent college grad (Dec '18) living in Dallas, Texas. I've done loads of real estate research during my daily commutes through podcasts and audiobooks since gradua...
Hilary Graves
It is worth paying $2000+ to have access to more HELOC $$?
Our personal residence is paid for and it's worth approximately $378,000 (according to a quick desktop appraisal from our local bank). We would like to take out a HELOC. At 80% LTV, that would give us $302,400 availa...
Drew Oberholtzer
Buy more cash flow properties or pay off student loans
i have several rental properties that have appreciated significantly over the years in Philadelphia. I purchased these prior to graduate school and my wife's architecture degree. I can't decide what the best strateg...
Mac McAtee
Self Employment Tax On Rental Property Income-HELP 1 Day Left
I have a two member LLC that owns a small apartment building. We file Forms1065 and 8825. Don't file Sch. E, it isn't necessary when you file 8825.
The income from rent shows up on Line 17, Form 1040.
Since the i...