I am starting to build out a site to help with an agent's lead collection and online brand. The lead collection will be done with an online form the agent could leave open on their iPad or laptop for individuals to fi...

Note not tax advice, this is more for the high income earner...Simple Scenarios: Using TurboTaxPrimary Use: TurboTax and similar tax preparation software are best suited for relatively straightforward tax situations.

Just create an invoice in Quickbooks or whatever accounting software you use and track all of your payments to him there. 

If you are using an accounting software, it is impossible for the assets to not agree with the equity / liabilities.Did you factor in everything from the closing statement(such as pro-rated rent, closing costs, lender fees, etc)Did you use a PM company, if you did, did you factor in incorporating the PM Statements.Again, if you are using an accounting software, and factoring in all the transactions from your bank account / credit card, it should not be off.

When you begin reporting rental income on your tax return, you can consult with a tax professional or use tax preparation software to ensure you're correctly claiming all eligible deductions and depreciating the expenses appropriately.

So ideally software to manage the process would be idea.  

I am starting to build out a site to help with an agent's lead collection and online brand. The lead collection will be done with an online form the agent could leave open on their iPad or laptop for individuals to fi...

Hey BP Community - I am currently researching portfolio management software that would essentially replace spreadsheets or Google Drive folders.

Hey BP Community  - I am currently researching portfolio management software that would essentially replace spreadsheets or Google Drive folders.

Then I would continue researching on Airdna which is the most accurate data software for STR.