My dad isn't much on hype, but he sent the passage below to me via email this morning and I felt compelled to share it as a reminder to everyone how precious life is. Seize the day and make the most of it because the...
Hi all- I run a real estate property management, maintenance and investment business in CT, looking for recommendations for good management and accounting software allowing us to collect rent, send clients monthly mai...
This newbie is so lost! I can’t seem to find that first golden goose property. W2 mindset is creeping back in! Analyses paralyses is lurking right behind. I need an accountability partner and a mentor……any ideas guys?...
If you own multiple short term rentals. How many business checking accounts should I realistically have?
What if you have an umbrella LLC?
What if you have a property management LLC?
And taxes!!I'm developing my strengths in estimating and budgeting, but I am so bad at keeping track of everything! Spending more time with my accountant trying to figure last year than I am working on any deals this ...
Can anyone recommend a good accountant in Colorado. I have properties in Colorado and NJ and I still work with my NJ accountant. He is inexpensive and non-responsive, and I am willing to pay more and pay hourly when I...
I bought one property which I am rehabbing in Baltimore. The property was bought under a business name (LLC). In order for me to turn on the electric, gas, water..temporary until the property is rented. Shall I keep t...
What are some of the best practices in managing the LLC bank account with regards keeping it compliant with rules of separation from personal use (example: can ransfers be made from personal acct to LLC for certain pa...
Hello Kansas City, Missouri and Kansas BP members. Have a friend that is looking for a good Real Estate Tax accountant. Any recommendations would be great!Thanks!
Hi,
Im restructuring my rentals and several members, articles and youtube videos suggest to have a Holding LLC and have individual LLCs inside of it owning one RE property per LLC.
Then open a traditional LLC to ma...