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Hi- I am just starting out and plan on using the Profit First banking method. For my first property I will open five bank accounts. Three of these will be for the entire business (when I eventually have more STRs) and...
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What's the point of setting up and LLC if members of the LLC has to pay quarterly taxes for income they may or may not make.Someone please explain this logic to me I'm missing something.Why set up an LLC when it's exp...
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Sorry if this is a dumb question...but here we go.I am a self employed IT consultant, and looking to get into real estate investing. My consulting is done through an LLC (s-corp) and I am the only shareholder. Being...
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How can I get pre approved for home loan as small business owner? If paying myself little but business is good? Are there any lenders or lending programs you can get per-approved using business incomes instead of pers...
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Building business credit and I have good personal credit but banks asks what's your business revenue and I'm just starting out.
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I am looking to do my first BRRRR that I do not live in as a primary residence. I have successfully rehabbed two homes and provided over 120k in equity from them. My idea is to form an LLC with my partner to qualify f...
i am a certified nursing assistant who currently owns 1 rental property. My plan is to buy properties and turn them into assisted residential living then cash out refinance and repeat process. Looking for investors wi...
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I having trouble finding a unsecured line of credit to further my real estate business. Any help?
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Hello All,When applying for a small business credit card, what is recommended as far as Annual Business Revenue? Are you all just mutiplying rents by 12, or are you adding on top? I am assuming that this affects the...
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I own my own business and house here in Idaho. The business is new, started in February and is finally starting to turn a profit. Obviously I put away for taxes and expenses in a separate business savings but what wou...