We use DealCheck to underwrite deals and QuickBooks Online for everything else post-closing on the purchase.Quickbooks Setup:- Classes allow for separate P&Ls for each property. - Products & Services enable us to track each 'phase' of the rehab. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.

Established on line presence5.

You should have a clause in your lease agreement or an addendum detailing their responsibilities along with penalties for violations.At Keyrenter North Jersey Property Management, there are a couple things we always go back to when making these decisions:- How can we provide the best value/service to clients and tenants?

Asheville has just recently started to feel like it's beginning to come back online, but a long ways to go for a full recovery.

Most of the time the tenants are responsible for the deposit.

Plus the other benefits outlined by the responses in this thread. 

Much better you place the burden on the seller than accept the responsibility.

Thank you so much your response. 

Is it my responsibility to deal with this ?

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.