My bank, we will call 'local bank', has a transfer limit of $6000 per month, in or out as a bank to bank online transfer limit.  I've contacted them and they have to get management approval to transfer more than that,...

I talked to my banker today, and told me wire transfers are used when sending money to a different bank, when individuals are working different banks. And its called "bank transfer" when they're using the same bank. ...

Hello everyone, I locked in a refinance for my 4 plexes at 3.25 but the loan officer is having a serious issue with my wanting to put the title into my llc for the extra asset protection. As I only have 3 residential ...

How do you record cash contribution to a company in quickbooks when you are transferring funds from personal bank account to a business account? Do you still use "make deposits" and leave the payment method blank, or ...

Hello Everyone. I have been reading alot lately about this subject and I am abit confused maybe someone can give me some advice. If i am the successful high bidder on a bank foreclosure auction, and I provide the init...

Anyone have any experience with transferring a Flagstar Bank mortgage into an LLC? I've had people tell me not to worry about it and to just do it, and I've had other people say the bank will call the loan due. My law...

Hello everyone i just bought my first rental property and I’m curious to know how are you guys collecting your rents! My tenants said they had previously been doing it online and I want to know what websites you guys ...

New to accounting for FLIPS. 
Right now I have all expenses (utilities, material, labor, interest loan payments, insurance) posting to the WIP account. 
Should I be posting construction loan draws to the WIP account...

I recently received in the mail a notice that I am not allowed to transfer my primary home to my LLC.  They mentioned restrictions due to Fannie Mae.I would be subject to termination if I do not transfer it back.Has a...

Called PNC Bank and inquired about their approval to transfer the title of the property to LLC for liability and asset protection purposes and advised that I shall remain liable for the loan. After extensive explanati...