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3 January 2025 | 5 replies
@Steven HsuBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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3 January 2025 | 4 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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9 January 2025 | 16 replies
When we moved our companies to a new accounting software we looked at Quickbooks, but found its international awareness (tax rules, multi-currency, locale support, etc), project/job, and multi-company abilities to be clunky.To be fair, none of the candidates hit everything on our wishlist.We ended-up selecting MoneyWorks by Cognito and have been satisfied with it over the past three years.
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6 January 2025 | 8 replies
I'd rather pay the tax bill and be more selective and patient in buying.
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21 February 2025 | 102 replies
No one has been able to provide a solution so far other than repeatedly suggesting I rent as a SFH which will not cover my mortgage never mind all the costly repairs I have had (which I have told them multiple times), to sell it and take a significant up front loss since I spent $23000 renovating for Homeroom, or that I take over management myself, which is a nonsensical suggestion because they know I live out of state.This is very frustrating because Homeroom has made every decision and yet keeps trying to tell me I am responsible for the losses and I need to be the one to come up with a plan when I have no real control over anything, I did not select this house or do the estimates.
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31 December 2024 | 5 replies
For property selection, choosing a duplex or triplex in a good neighborhood can provide steady cash flow, while adding an ADU to a single-family home works well in areas with high rental demand like Portland.
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3 January 2025 | 8 replies
Our end goal is to be in a position where we can be very selective and choose the clients and properties we work with so that doesn't happen.
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2 January 2025 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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14 January 2025 | 25 replies
Airbnb came out with a new co-host option where you could get paid for your services to assist owners by selecting % of rents...maybe have him pay you 99.9%?
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31 December 2024 | 8 replies
With Appfolio you could select your preferred vendors.