Raza Rizvi
Qualified Opportunity Fund - DIY or get help
Need feedback from everyone. I have read up enough on Qualified Opportunity Fund/Opportunity zones that I feel I can create the fund myself but i am a little hesitant to make a mistake. I intend to 1. Create a LLC wit...
Michael Kretch
Pros/Cons of PAL (Pledged Asset Line of Credit)
Hello,I'm currently in the process of applying for a PAL. Basically, it is a revolving line of credit secured by cash and securities in a brokerage account. The line can be used for non-securities purchases, such as...
Sean Tippens
Tools for bookkeeping
What are the best tools to use for managing your real estate investments, and why? We’re just starting out, we have 3 properties, and I’m struggling to stay organized, especially during the remodeling. AccountingRecei...
Karin Cornils
rent collection challenge around self-managed SDIRA owned property
I understand that rental payments for property owned by my SDIRA account (custodian, not LLC-type) need to be handled in an 'arm's length' fashion. I haven’t found a property management software that will collect the ...
Charles Hinson
Sales Tax on proceeds of sale?
Hi folks,I'm working on a Flip (my 1st property) with a JV Partner in Albuquerque, NM. I'm having a discussion with my accountant at the moment about sales tax. He's my personal accountant who I'm trying to convert ...
Vic Stezin
Has any one heard of a landlord requiring a W-9 from a tenant?
I am curious what the purpose of requiring a tenant to sign a W-9 might be. I have never had to do that when I rented before. The landlord is saying their bank requires it.
Byran Farris
Investor in SFH from Katy, TX with College Station TX Properties
Hello. My wife and I have 3 single family home rentals in College Station, Texas which is about 75 miles northwest of our home in Katy, a large suburb of Houston. We purchased two of these properties about 10 years ...
Ali Samana
Auto Posting on Craigslsit?
I know that software exists that would auto post for you on CL. Has anyone ever used one? Did it work? Would you recommend it?
Robert K.
Help - Setup my Series LLC and have 1 property...
Hello All,
I paid a real estate attorney to set up a Texas Series LLC for my real estate rental business. I am treating the main LLC as the parent/holding company and have placed one property that is paid for in one...
Jackie Badiali
Do I need an Employer Identifcation Number EIN?
We formed an LLC for our real estate investment business. We heard you can get discounts as a business but you need an EIN#. Does anyone know the ins/outs of an EIN# and do we need to have employees in order to get one?