Is it possible to pay myself a salary or distributions in an LLC set up to manage my existing properties and then use that income as my income to qualify for conventional financing? What I'm trying to get around is sh...

I have a 2nd floor tenant who passed out drunk in his shower and flooded his unit and the one below. The below tenant is moving to a different unit I manage permanently . Does the 2nd floor tenant have to pay relocati...

I have a completed exchange where property taxes were deducted as part of the sale on the relinquished property. The amount sent to the intermediary was shorted by that amount. The exchange involved no debt and was ex...

After my due diligence, I know the property has been within a family for a number of years....It looks like there have been multiple quit claim deeds to different family members. The vacant property is also sub-standa...

I am looking to see what others do in NH for holding tenants security deposits. I have a four unit building , And I am wondering - do I need to create four different interest bearing savings accounts to account for in...

Hi, Do you know of a solution? Thanks for taking the time to see if you might. I have yet to find the path beyond the following obstacle:My rental property's post-hurricane-damage repair costs (beyond insurance payout...

Is this not more accurate than the MLS would be? They provide everything..ownership/transfer/deductions, property assessments, spring/fall tax bill statements, tax payments etc...has anyone used these references? I...

BP Nation:

Looking for a smaller time accountant to help get the basic fundamentals of my first LLC in order. I am located in downtown Chicago, IL. The LLC is established, first property is to close within days. H...

Hello,
We are purchasing our first investment property - a short term rental in Florida. We have an accountant but she does not have a lot of experience in real estate investments.  We are looking for an accountant ...

Hello,I’m closing on my first duplex that I’ll be house hacking. And was wondering should I open a business account to help keep my rental income separate from my personal?