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Hi Everyone,Quick question. I heard it is a good idea to have separate bank accounts per property. Is this recommended? Are bank accommodating?Thanks!
Hello,Can someone share information on Business liability coverage for an LLC created to hold investment properties?Does the insurance need a 'person' on the policy or can the policy be in the name of the LLC?Is there...
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Real estate crowdfunding, anyone? I'm sure we've all seen our fair share of headlines... real estate crowdfunding is disrupting the real estate market. Putting some of the complexities aside, it allows us to do amazin...
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Curious on your opinions.
I've started my journey in the expensive Seattle market and found house hacking a duplex gave me a tremendous boost as my first property.
The top 10 advantages that played out quite well:
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Looking to make my first real estate investment (outside of my primary residence). Looking at a 1B/1B condo on the MLS asking price around $40K. My plan would be a conventional 30Y mortgage with 20% down. Expenses ...
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How do you setup QuickBooks when you use a third party property management company? I understand having each property as a separate class, but should the property manager be a vendor since you pay them management fees...
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I am a landlord with 54 units, a few years ago I successfully integrated QBO into my operation and it has really streamlined invoicing and collecting rents as well as filing taxes, issuing 1099's etc. I am looking fo...
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So I finally formed an LLC. My plan was to quit claim 3 properties to the LLC. Those are the ones I plan to keep long term. Tenant to deposit payments to the LLC account. I will manage those properties and the LLC pay...
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Hey gang, i have a question. Im currently living in my fathers house as a "tenant" and im moving out of state. We want to keep the property but no one will be here to live in the house or to manage it. That being said...
I have two rental properties that are owned with a business partner. We are wanting to transition these two properties into an LLC and are unsure about some of the specifics involved in doing so. We want to make sur...