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Results (2,247+)
Kyle Dwyer What keeps you going?
19 September 2022 | 9 replies
There are times, dealing with truly just bad people, that makes me wonder why I do this to begin with.I always go back to my "why", listen to motivational audio book, or journal about my struggles.
Craig Stahl Start a Mastermind Group
30 June 2020 | 5 replies
I used the Intention Journal last quarter and achieved some great results with achieving 3 goals in 90 days.
Nick Aalerud Stop Chasing Deals, and Stop Chasing Money.
8 May 2023 | 3 replies
🏁Money is the RESULT and BYPRODUCT Of us doing the right👍 things, consistently,For 🫵OURSELVES, our bodies and 🧠minds, our 💛 relationships with others and with the 🌌 divine.Choose to LIVE BY DESIGN , and really impact the ones you love and those who love you.There are things you can do EVERY DAY to support:🏃🏋️Fitness🌱🥩Nutrition🧘🙏Faith📖📜Journal (your own scripture!)
Vincent Crane Will housing prices crash again in the next 4-7 years?
30 December 2016 | 118 replies
2) within my market, what are the key information sources (business journals, clubs, orgs, etc)?
Cassidy Burns Quickbooks Online Vs. Quickbooks Pro
20 January 2020 | 15 replies
Enter the date and voilaQUICKBOOKS DESKTOP vs QUICKBOOKS ONLINEBoth versions have or do the following: Accepts Credit Card PaymentsHas an Audit TrailBank ReconciliationCompany SnapshotCustom FieldsExpress SetupMulti UserMultiple WindowsOnline BankingPayrollPrint BillsRecurring Billing/Memorized TransactionsDocument ManagementBudgets (not in QuickBooks Online Essential)Class Tracking (not in QuickBooks Online Essential)Creates Estimates ((not in QuickBooks Online Essential)InvoicesTime TrackingReversing Journal entriesMemorized ReportsFEATURES ONLY IN THE DESKTOP VERSION that would interest you as a Landlord Balance Sheet by ClassBatch InvoicingBillable Time and Expense – reimbursable billingBusiness PlanerForecastingCalendarChange orders on EstimatesCollections CenterCondense Data FileCustomer Snapshot ((My pick)Advanced Excel Export that can update existing exported reports.
Landon Evans Cost segregation study for a single family short-term rental?
19 December 2022 | 16 replies
Even the Journal of Accountancy and the American Institute of CPAs recommends using it to simplify your taxes now and going forward.
Omar Stoltzfus What is good accounting software
4 February 2020 | 35 replies
They want you to do a lot of Journal Entries.  
Eddie Johns Landlord not returning the deposit
12 November 2016 | 16 replies
I would advise sitting down and trying to write a journal of every interaction you have had with the landlord to date, and update it as things move forward.  
Alik Levin Distribution to parent LLC is income but not child LLC expense
28 December 2016 | 12 replies
This will be a liability account called "Unearned Profit Distributions" or something like that.Then, at the end of the year, when the actual taxable profits of the child LLC are finally known, you make one journal entry to debit that liability account and credit a revenue account for only what is being reported to you on the K-1.So the books for the parent company will look like this:January thru Dec, monthly entry:Cash - Debit $100Unearned Profit Distributions - credit $100.So on December 30, you have $1200 in the cash account and a $1200 balance in Unearned Profit Distributions (the liability account).Then, in March when you get your K-1, you find out that your taxable profits (maybe due to depreciation or whatever) were only $1000.So on 12/31, you do the following journal entry:Unearned Profit Distributions - Debit $1200.00 (to zero the account out for the year)Member Draws (an equity account in the parent company) - Credit $200.00 (This will be the difference between what you drew and what is reported as income from the K-1)Revenue from Child LLC - Credit $1000.00 (This should match the K-1)When doing your tax return for the parent, you won't really do it on form 1065 of the partnership, you'll just report all of the child K-1s on form 8825, line 20.
James Palassis Tax Strategist Questions
11 May 2017 | 5 replies
The CPA can guide you on your REI journal and (legally) keep the government's hand away from your wallet.