All Forum Posts by: Vaughn A Peters

Thanks for your input. My disc had a glitch that kept the chart of accounts from loading, so I

hand loaded a stream lined version. I think I too will ditch the cost segregation, and just do straight line.

What is a good, basic chart of accounts template to use for buy and hold / BRRRR REI .

I have the John Hyre "kiss guide" book, but the chart of accounts is fairly complex ,and seems like

overkill . It's a helpful guide on using quickbooks, but i don't want to do a cost segregation etc.

I have 2 LLC's , a 4 plex and 3 single family units plus a speck house under contract. One LLC

is a SDIRA (the spec. house and 1 SFH). I've loaded the 4 plex with cost segregation as directed

in the book (pain in the @#$%) I'm not even sure you can do that your self, and think simply

capitalizing the rehabs and taking standard depreciation would be better for now.