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User Stats

860
Posts
320
Votes
Mayer M.
  • Investor
  • Cherry Hill, NJ
320
Votes |
860
Posts

Real Estate Professional Status/Time Tracking

Mayer M.
  • Investor
  • Cherry Hill, NJ
Posted

Any recommendations on the most efficient way to track your time when classified as a real estate professional? My accountant wants me to start doing this in the event of an audit being I’m starting larger projects and will be implementing cost segregation

Thanks

User Stats

1
Posts
0
Votes
Shreyas Balakrishnan
Pro Member
  • Rental Property Investor
  • San Diego, CA
0
Votes |
1
Posts
Shreyas Balakrishnan
Pro Member
  • Rental Property Investor
  • San Diego, CA
Replied

@Teri Husak

Would you mind sharing a copy of your doc? Seems very comprehensive and intuitive. Thank you!!

  • Shreyas Balakrishnan
  • User Stats

    96
    Posts
    63
    Votes
    Jarrod Ochsenbein
    Pro Member
    • Rental Property Investor
    • Oregon/Arizona
    63
    Votes |
    96
    Posts
    Jarrod Ochsenbein
    Pro Member
    • Rental Property Investor
    • Oregon/Arizona
    Replied

    Another request for the time sheet pretty please.  :)  Thank you in advance.

    Jarrod 

  • Jarrod Ochsenbein
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    User Stats

    1
    Posts
    0
    Votes
    Replied

    @Teri Husak 

    @Caleb Genry

    Just what I was looking for! I would also like to request a copy of your spreadsheet. Thank you!!!


    User Stats

    1
    Posts
    0
    Votes
    Replied

    Hello

    User Stats

    25
    Posts
    3
    Votes
    Amir Mohammed
    • Investor
    3
    Votes |
    25
    Posts
    Amir Mohammed
    • Investor
    Replied
    Quote from @Caleb Genry:

    @Mayer M. I have a spreadsheet I created for clients. Would you like a copy of it? I can share it with you if you want.


     Hi, i would also like a copy of the log.

    Thanks,

    User Stats

    1
    Posts
    0
    Votes
    Replied

    @Caleb Genry I would love a copy also if you don't mind sharing. Thank you

    User Stats

    459
    Posts
    470
    Votes
    Glen Wiley
    • Investor
    • Richmond, VA
    470
    Votes |
    459
    Posts
    Glen Wiley
    • Investor
    • Richmond, VA
    Replied
    We use a very simple spreadsheet, date, activity done, hours spent, miles driven. We have been audited by the IRS recently with no issues.

    User Stats

    96
    Posts
    63
    Votes
    Jarrod Ochsenbein
    Pro Member
    • Rental Property Investor
    • Oregon/Arizona
    63
    Votes |
    96
    Posts
    Jarrod Ochsenbein
    Pro Member
    • Rental Property Investor
    • Oregon/Arizona
    Replied
    Quote from @Jarrod Ochsenbein:

    Another request for the time sheet pretty please.  :)  Thank you in advance.

    Jarrod 


    I ended up doing a STR under 7 days to offset my W2 income. Way easier for me. :)

  • Jarrod Ochsenbein
  • User Stats

    1
    Posts
    0
    Votes
    Replied
    Quote from @Caleb Genry:

    @Mayer M. I have a spreadsheet I created for clients. Would you like a copy of it? I can share it with you if you want.

    Hi @Caleb Genry, I would love a copy of your spreadsheet as well. Thank you!

    User Stats

    1
    Posts
    0
    Votes
    Replied
    Quote from @Caleb Genry:

    @Mayer M. I have a spreadsheet I created for clients. Would you like a copy of it? I can share it with you if you want.


     May I please have a copy of the spreadsheet?

    User Stats

    1
    Posts
    0
    Votes
    Grant Jameson
    • Investor
    • Texas
    0
    Votes |
    1
    Posts
    Grant Jameson
    • Investor
    • Texas
    Replied

    @Caleb Genry

    Could you please send over a copy of the spreadsheet? 

    User Stats

    6
    Posts
    3
    Votes
    Erika Olson
    Pro Member
    3
    Votes |
    6
    Posts
    Erika Olson
    Pro Member
    Replied

    @Caleb Genry  could you please send me your spreadsheet too.

  • Erika Olson
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    User Stats

    6
    Posts
    1
    Votes
    Morgan Hopper
    • Rental Property Investor
    • Berkeley, CA
    1
    Votes |
    6
    Posts
    Morgan Hopper
    • Rental Property Investor
    • Berkeley, CA
    Replied

    @Caleb Genry I am late to the party on this, but would greatly appreciate the spreadsheet/log if you are willing to provide it. 

    User Stats

    1
    Posts
    1
    Votes
    Replied

    Could someone kindly send me the spreadsheet as well?  I would really appreciate it.  Thanks so much! Jen

    User Stats

    1
    Posts
    1
    Votes
    Replied
    Quote from @Caleb Genry:

    @Mayer M. I have a spreadsheet I created for clients. Would you like a copy of it? I can share it with you if you want.

     @Caleb Genry Do you mind sending to me as well?  Thank you!!

    User Stats

    1
    Posts
    1
    Votes
    Replied

    @Caleb Genry I'm also interested in this spreadsheet. Could you share? Thanks in advance.

    User Stats

    7
    Posts
    6
    Votes
    Chris Porter
    • Chattanooga, TN
    6
    Votes |
    7
    Posts
    Chris Porter
    • Chattanooga, TN
    Replied
    Quote from @Caleb Genry:

    @Mayer M. I have a spreadsheet I created for clients. Would you like a copy of it? I can share it with you if you want.


     Hi Caleb, would you mind sharing with me as well! [email protected]

    User Stats

    1
    Posts
    1
    Votes
    Replied
    Quote from @Caleb Genry:

    @Mayer M. I have a spreadsheet I created for clients. Would you like a copy of it? I can share it with you if you want.


     Hi Caleb,

    Would you mind sharing a copy of this spreadsheet as well? I really appreciate it!

    User Stats

    1
    Posts
    1
    Votes
    Replied

    @Caleb Genry I would also love a copy please - if possible . Thanks!

    User Stats

    91
    Posts
    26
    Votes
    Heather Hall
    • Rental Property Investor
    • Fallbrook, CA (San Diego area)
    26
    Votes |
    91
    Posts
    Heather Hall
    • Rental Property Investor
    • Fallbrook, CA (San Diego area)
    Replied
    Quote from @Caleb Genry:

    @Mayer M. I have a spreadsheet I created for clients. Would you like a copy of it? I can share it with you if you want.

    Hi Caleb- If you could share that spreadsheet with me I would Greatly appreciate it. I’m concerned mine is not detailed enough. 

    User Stats

    2
    Posts
    0
    Votes
    Replied

    @Caleb Genry could you share the spreadsheet with me please?

    User Stats

    22
    Posts
    6
    Votes
    Replied

    I found a free monthly timesheet template that eventually worked great for me. I see lots of us struggle with time tracking, so I shared it here; hope it helps. (It's also printable.)

    User Stats

    2
    Posts
    2
    Votes
    Ignacio Vidal Traver
    Pro Member
    • Architect
    2
    Votes |
    2
    Posts
    Ignacio Vidal Traver
    Pro Member
    • Architect
    Replied

    @Caleb Genry could you share the spreadsheet with me please? thanks!

  • Ignacio Vidal Traver
  • User Stats

    979
    Posts
    610
    Votes
    Sean O'Keefe
    Pro Member
    #2 Tax, SDIRAs & Cost Segregation Contributor
    • CPA | Accepting new clients | California
    610
    Votes |
    979
    Posts
    Sean O'Keefe
    Pro Member
    #2 Tax, SDIRAs & Cost Segregation Contributor
    • CPA | Accepting new clients | California
    Replied

    @Ignacio Vidal Traver This thread also has a great hours tracker / activity log https://www.biggerpockets.com/forums/51/topics/816680-real-e...

  • Sean O'Keefe
  • [email protected]
  • txt 6282410888