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Results (10000)
DJ Cummins So...how many bank accounts do you have?
10 August 2016 | 11 replies

We are getting ready to buy property number two, and possibly number three in the next couple of months.  My wife feels like we should have a bank account for every single property we own.  I guess that is fine with 2...

David L. First house with 15k? Suggestions
11 February 2020 | 14 replies

I have about 15k + 5k. 15k down + 5k reserves. However, if I choose to go no reserves, I can put 20k down. 
I've read a few threads about reserve amounts and  it seems most people are comfortable with 6 months PITI. ...

Margaret Moody Real estate attorney and accountant
28 December 2022 | 4 replies

Just starting out and would like to consult with a great real estate attorney and accountant to help guide me in setting up my business. Any recommendations?thanks so much!

Kenneth Burke Is it dangerous to mix business - personal finances with LLC ?
15 February 2020 | 3 replies

I recently refinanced the mortgage on my primary residence and combined the loans I took out to purchase my investment properties. I have three single family, long term rentals with separate LLC's and business account...

Ellen Kirchdoerfer Which accounting software do you use?
25 November 2019 | 3 replies

I started my real estate investment journey last year and now have 6 units (single family & duplex). I’m using a property management company at this point so I am not tracking tenants. I recently obtained my real ...

Jack Connolly Documenting Cash Expenses for Tax Write-Offs
14 October 2021 | 2 replies

If I opened a separate Chase bank account that is strictly for deposits and expenses related to my single investment property, for tax write-off purposes how do I document cash expenditures to a contractor doing repai...

Satyam Mistry Bank Accounts for Multiple Properties
26 January 2021 | 42 replies

Hello, I am a newer member to BP, but am looking forward to learning as much as I can from all the experienced investors here. I currently have 6 rental properties and am curious to know how others with multiple prope...

Andrew Besecker Joint Account Options/ Financing
7 October 2015 | 1 reply

Me and my partner have recently set up a LLC and we are looking into options for a joint account to combine our money for our future purchases. What would some of you seasoned REIs to suggest which is the best type of...

Catie Baker Tax Deductions for Investment Property
30 March 2023 | 11 replies

Hi everyone, question around tax deductions for investment properties. We purchased our first investment property last year and just met with our accountant to file our taxes. He informed us we cannot deduct any of ...

Jeremy B. Logistics and Structure of Multiple Non-serial LLCs for Rentals
20 April 2017 | 5 replies

I know that the topic of LLCs for rental properties has been discussed ad nauseam on this forum, and I appreciate the depth of knowledge that is available through the website. I have some very specific questions that ...