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Results (5,464+)
Bob Asad How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
Bookkeepers are fairly cheap, even good ones and should be able to setup for 2 units in a couple/few hours.  
Tyler Davis QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
I use QBO to keep track of my properties and do this for my bookkeeping clients also.
Gary Abrams PM software or app, to organize for a secondary manager to take over
7 January 2025 | 3 replies
I don't necessarily need the standard features of pm software, such as rent collection, bookkeeping and maintenance requests, though that could help; but do need a clearinghouse of important information, such as leases, legal docs and other information; maintenance vendors I use; maintenance history; and some kind of tracking system, where I can record the various current projects I'm working on within the business.
Katie Miller If you use a CPA or Tax Professional, how did you find him or her?
17 January 2025 | 117 replies
I do my own Bookkeeping for my businesses and my clients and recommend him as a General Tax Accountant.
Deborah Wodell How Do You Keep Rehab Costs Under Control on Your Flips?
4 January 2025 | 4 replies
Besides putting together the best SOW using accurate/actual quotes as @Peter Mckernan and @Alan Asriants commented above, another key aspect is tracking expenses (bookkeeping) and monitoring the budget throughout the project. 
Tina Artigliere Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
If our plan owned real property with many transactions, I would use a bookkeeper.
Anthony Freeman Property Management software
17 January 2025 | 6 replies
More convenient bookkeeping 
Patricia Andriolo-Bull Stessa - 179 deductions
10 January 2025 | 12 replies
I use a CPA, too, but I like to do my own bookkeeping throughout the year and send him a tax package quarterly to review.  
Reyna Ayala How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
I do my own bookkeeping for now and rentals are in my personal name. 
Jackson Pudlo First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
16 January 2025 | 5 replies
I have 30+ units and on a regular month usually only spend about 5 hours total on management things, most of which involves collecting rents and bookkeeping.