Ryan Vienneau
Buildium users - how do you handle credit card tracking???
14 January 2025 | 8 replies
., unfortunately, to add to the frustration, Buildium's journal entries do not allow you to enter a vendor for the expense, you can only select which GL Account to debit and which payable to credit, so I'd still be stuck not able to track vendors for 1099's, see below.
Kyia Raiford
Newbie eager to learn & find a mentor!
21 January 2025 | 9 replies
I want to become really good at analyzing deals, and determine the markets I should focus on.Are there any resources aside from this forum (books, journals, news publications, podcasts) that you recommend I use to learn more?
Peter W.
Wall Street Thinks U.S. Homes are Overpriced
16 January 2025 | 2 replies
The wall street journal published a piece suggesting home prices are overprice and will likely fall.
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Quote from @Tyler Koller: Quote from @Cliff Benner: I have not tried Baselane but I did try Stessa for a few minutes.As an Accountant, I need to be able to make Journal Entries and that is something Stessa does not have so I deleted it right away.For all my clients we sign them up with QuickBooks Online.
Matthew Brown
Syndication: Fairway America Vivo Rancho Cordova - Review
20 January 2025 | 6 replies
Evan Hiller was quoted in the Wall Street Journal article about the Nightingale/Crowdstreet deal debacle:https://www.riggsdavie.com/team/evan-c-hiller
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
Do they suggest how to enter the transaction accurately or enter an adjusting Journal Entry.
Chris Seveney
Transferring Properties out of LLC Question
27 December 2024 | 3 replies
That would result in both a transfer of cash and associated journal entries.If my LLC doesn't have a bank account and I've been tracking its assets in my accounting ledgers only, moving money for the sake of moving money would seem strange (and suspicious).
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
Additionally, not all transaction types support Locations, meaning you'll have to create journal entries to correct them—requiring a solid understanding of debits and credits, which can be time-consuming and error-prone.Instead, I recommend biting the bullet and upgrading to QuickBooks Online Plus for each entity.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
And, I think most women would choose a midwife that has gone through pregnancy.Like the OBGYN situation, there is a lot a CPA may not know about the rental business from debiting and crediting some journals and filling out line 242 on some Turbo Tax input form.And, understanding the operating details of the rental business are just as different from preparing a tax return as being pregnant is from delivering a baby.
Harris Lee
Doorvest experience journal
16 December 2024 | 12 replies
Hello BiggerPockets, I'm going to start a thread that details my investment journey with Doorvest (https://doorvest.com) . Doorvest claims that they help identify, purchase, and own rental homes for a littles as 35K a...