As someone who recently completed my first fix-and-flip project, I can share a few challenges that took me by surprise:Navigating the local permitting process was more complex and time-consuming than I anticipated.

., we track all the data per each fixed asset in Google Sheets and it's a part of our monthly/yearly processes to input the appropriate adjusting journal entries so the depreciation and amortization are reflected on the financial reports on a monthly basis for each fixed asset.We have a depreciation worksheet, an amortization worksheet, and another worksheet that details all other aspects of each fixed asset (placed in service date, type of property, partners, etc etc) per client.It's nothing fancy but it works for us.

Maybe apartment complex.

Hi everyone,I'm delving into purchasing properties through foreclosure auctions and am trying to navigate the complexities of preliminary title searches.

Price seems high but no data there.Certainly a better use than paying taxes if you have the cash. 

Here are some data points from the past month:Real Estate UpdateHere's the latest market report (based on single-family homes):Mortgage Rates:30-year conventional rate today is 6.27%30-year VA rate today is 5.69%Median Sales Price:June: $485,000July: $487,483August: $480,000New Listings:June: 1,920July: 2,068August: 2,153Median Days on Market Until Sale:June: 13July: 14August: 16Months Supply of Inventory:June: 2.3July: 2.8August: 2.9What does "Months Supply of Inventory" mean?

Tax on net worth is a complex topic.  

TheCapitol Hill Seattle Blog recently reported that CommunityRoots Housing, an affordable housing developer, is in the process ofselling six apartment complexes.

I would collect guest data for 1 year (phone and email) and then have a direct booking site and a marketing campaign to previous guests to book direct. 

🔒 QuickBooks Data Security Best Practices 🔒- Use strong, unique passwords.- Enable two-factor authentication.- Regularly back up your data.- Keep software updated.- Limit user access and monitor activity.- Educate your team on security.- Secure your devices with antivirus.Protect your financial data with these essential steps!