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6 August 2018 | 12 replies
Well here are few that I can think of:- You are an Accountant - who views the reports once a year to do taxes (That is it)- You are a Bookkeeper - you want to do the data entry because it does not make you money- You are a DIY QuickBooks user - who will surf the internet and YouTube for answers and not have the full process, procedure, and solution- You are a CFO - review your financials every day or week, depending on your business goalsNow let's get into the nitty-gritty:- You as a business owner should look at your reports by each property and unit- You should compare your Profit and Loss by:----- Month----- Quarter----- Year----- Previous Year Comparison----- By % of your Income ----- and the list goes onNow about your Equity - view your Balance Sheet and see the difference from previous year how much money you paid and received by improvements and loan, the personal money you invested and more...If you are looking at keeping the books for tax purposes and IRS, as well as use paper and pencil.
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7 August 2018 | 8 replies
Two significant revenue procedures created a structure that allowed groups of investors to go into a property specifically structured by a sponsor as totally passive tenants in common ownership.
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5 August 2018 | 5 replies
Before I started learning from BP and some other places about 5 years ago after having a couple major medical problems that made me bedridden ever since I turned 54 (I'm now 61) I have spent most of my time learning about real estate investment but I would like to hear about Partnerships and raising money to invest in real estate.
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8 August 2018 | 79 replies
Once you figure out the proper procedure for eviction of an activd duty military member in your state adjust your procedures for future active duty member tenants.
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5 August 2018 | 2 replies
My plan was to look at surrounding areas to find potential deals but what is the procedure when it comes to working with the title companies and closing on these deals?
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6 August 2018 | 3 replies
Unfortunately, when I was 54 I suffered from 2 serious medical problems and I've bedridden ever sense but I have spent much of that time learning how to become a real estate investor while not working.
19 August 2018 | 3 replies
I'm aware that there are certain procedures that I can undertake, and would like to find out more.
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30 April 2021 | 18 replies
If we create our procedure now, then should we be okay to let everyone know of the max 3 occupant rule or do we need go through work history, then credit and criminal background checks first?
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7 September 2018 | 4 replies
Desirability in SA seems to be heavily driven by school ratings for family homes, and proximity to the bases or medical center for smaller units (condos or apts).
13 August 2018 | 2 replies
I owned a flooring company for about 5 years before I had some medical problems that left me bedridden for about 71/2 years.