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26 December 2022 | 1 reply
There's a two-location brewery that needs a new investor/owner who will put the business first and do proper marketing and bookkeeping.
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21 December 2022 | 7 replies
You can also involve an accountant/book keeper on this so you can get paid, minimize your tax burdens, and keep money in the business... also be sure to talk to your attorney about the quit claim deed.
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2 January 2023 | 6 replies
You'll want to keep receipts and do good bookkeeping to keep tract of these.
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3 January 2023 | 19 replies
With a HH, you can learn how to analyze properties & markets, how to find an investor-friendly agent, how to spot value-add opportunities at properties, how to engage in a strong due diligence process, how to screen tenants, how to manage the property, how to build a network of contractors, plumbers, electricians and other pros, how to manage the book keeping of the property, etc., etc., etc.
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21 October 2019 | 6 replies
Take it as a learning experience and clean up your bookkeeping practices.
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18 December 2019 | 11 replies
If you have a bookkeeper or an accountant. they will have their own.
15 November 2019 | 3 replies
I read BP's tax strategies book and did my bookkeeping for the year so I'm pretty familiar about tax strategies for investment properties.I'm currently splitting rent with a friend at a cheap apartment.
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24 April 2019 | 62 replies
I have a client who is managing almost 50 doors by himself (no MF) and he has a bookkeeper on payroll plus a handyman on call (1099).
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2 November 2015 | 5 replies
You have to factor in the rent/mortgage for the brokerage office, the salary/hourly for the receptionist, the bookkeeper's pay, either on staff or outsourced, the insurance costs, as well as all your regulatory costs & dues.It'll be far cheaper to get an agent's license and keep your half of the commission than try and open up your own brokerage for your own deals.
23 March 2018 | 5 replies
Bookkeeping is also another service that one might want to consider when shopping for a tax professional.