If you do, you should consider consulting an attorney to discuss what you should have in place, and make sure your insurance company understands the setup as well and the potential increase for that scenario.Hope that helps.Mike

It is essential to have the proper entities set up to avoid double-taxation.

Thank you.Pierce  go to RSS app and you can setup your own rss feed and then you can use something like zapier or make to send it to chatgpt to tell you what you want to do.

If your accountant offers QB training or consultation, I would recommend sitting with him for an hour or two to go over your set up and procedures, this is also important.

They seem to be more responsible, and the setup gives you some flexibility that you don't get with either market rate or tenants with 100% paid by section 8. 

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

Setup a test account and run through some of your issues you currently have and see what results you get.

Once you have the LLC set up with the DCCA, you can just record a quitclaim deed with any escrow company, no lawyer necessary except to draft the deed. 

At this stage, your focus should be putting as much money as possible into your first deal, rather than on accountants, lawyers, or consultants.Hiring a CPA can wait until you’re further along—either when you’ve got something under contract or need help with entity setup or tax planning.

Be prepared to set up a viewing ASAP and be ready and able to make an offer quickly.