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11 February 2022 | 8 replies
I do my own bookkeeping; if you can't, expect to pay $25/hr. or so to get it done.
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16 March 2021 | 6 replies
Keeping the books - Using the right management software that fits mobile home parks, bookkeeping correctly, and using the right accountant who understands parks and the benefits of depreciation will all be important.
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10 March 2017 | 0 replies
Who here on Bigger Pockets has a bookkeeper that they use to help scale their business and if not what do you do to help mitigate the stress of balancing your books?
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19 March 2017 | 4 replies
Hi everyone,I am looking for suggestions on the best/easiest/cheapest book keeping software to keep track of my books for a few rental properties.
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23 March 2017 | 5 replies
Let's say I did one of the following: buy a computer for looking for properties, bought a file cabinet for bookkeeping, go to lunch with real estate agents to help plan my business, drive to look a potential deals.
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24 March 2017 | 5 replies
I use my CPA for my both my full time business and my REI business and he get my book keeping, payroll, and tax prep business so I pay a monthly fee.
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27 March 2017 | 9 replies
If you want to consider the amount of her income from a job source for which she is the bookkeeper, better to ask for documentation such as her W-2 or 1099, or their whole tax return from 2016.About the credit accounts from retail outlets.... some folks do that to get an instant discount on a large purchase.
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28 March 2017 | 14 replies
You can let your tenants pay through the software, and then that information flows into the bookkeeping of the unit.
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5 April 2017 | 9 replies
Each LLC will cost you $800/yr CA state franchise fees + setup fees + maintenance/bookkeeping fees + extra tax prep fees.
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30 March 2017 | 4 replies
I know most managers can charge upwards of 10% or more for their monthly management however, my manager not only charges 7% (will do for less if you have a lot of rentals) but I realized it was more than worth it, especially as they handle all the accounting/bookkeeping for me as well for year end taxes as well as have their own in house repair services.