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9 December 2024 | 7 replies
I too am confused by the “It won’t look consistent to the tenant or to the accountant.”
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11 December 2024 | 8 replies
I have been pleased with it and not just tons of excellent info and resources, but great interaction along with accountability with the focus on taking action.
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11 December 2024 | 0 replies
This could free up more cash flow to reinvest in your deals.But here’s where it gets interesting: making the transition to an S-Corp can require a more organized financial structure, which includes separating your accounts, keeping clean records, and being prepared to pay yourself a reasonable salary as the business owner.
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11 December 2024 | 12 replies
Our proven systems and personalized approach ensure that you’re on the path to making your goals a reality.Next Steps:Set up your Private Money Club AccountIf you haven’t already, make sure to create your free account at www.privatemoneyclub.com.
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12 December 2024 | 2 replies
Accounting System with "Control" ChecksSoftware to manage revenues, expenses, payroll, and taxes, etc., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.
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9 December 2024 | 4 replies
You may be able to get a levy against their bank account or file a wage garnishment without the need for going to collections.
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9 December 2024 | 12 replies
If you cancel your account all your data will be lost.
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10 December 2024 | 39 replies
Further, we need to account for a $10k “reserve” for what will be repairs / maintenance as the property ages.
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9 December 2024 | 38 replies
Hold on to the cards forever (closing accounts or opening new cards can impact your score).
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17 December 2024 | 20 replies
I'd be very open to that.A High Yield Savings Account at 4.5% yields a close to 2.5% after-tax amount.