I'm just starting out and I don't think I'll create an LLC to invest in my first few rental properties. Should I still create a new bank account (and get new debit/credit cards) for all the income/expenses for these r...

Hello BPers!Quick question. Looking to purchase our first property by April/May of this year. Assuming it's bet to make sure that funds for REI don't co-mingle with private funds from the get go, but I also feel it's ...

Hello,I am really enjoying learning here every day. But each day brings more questions. Let's say you have $300 positive cash flow on your only rental. You plan to set aside (totally random numbers) $50 for repair fun...

Could someone please tell me in as general numbers and terms as possible what the overall difference in end taxes might be between these two? Let's say for example the company clears 120k in profit on sold flips eac...

I'm starting to shop for multifamily properties in the Phoenix area for my 1st purchase. I'm trying to figure out how to handle paying the bills etc.

I don't want to mix my personal finances with my investments. I ...

Hello All (Experienced Multifamily investors in particular) I am a buy and hold single family investor (so far) on a scale up mode, I am close to buying small multifamily in Chicago suburbs, I have a couple of deals u...

Ok, so here is some info on me to help you decide. I am young and pretty aggressive. I am in the 33% tax bracket and real estate invest on the side. I have about 250k in a SEP IRA and a friend who is a builder who wan...

Hello All.  A few years back, I attended a seminar and jumped into doing a few fix and flips.  Long story short, I opened a Ca. LLC under which I purchased and sold one of the properties.  At the time, $4K was left i...

Im looking into selling my duplex and using the 1031 Exchange to purchase a property that brings in greater cash flow. DetailsMortgage - $350,000Appraisal - $550,000With this information I could roll the $200,000 "pro...

I'm hoping someone can give me some insight to this rather individualized question.  I own a 2 story duplex and rent the 1st floor and live on the second floor.  In 2017 I built a laundry room with hook-ups for both m...