Colin Ghira
Some Quickbooks tips for efficient invoicing
10 September 2024 | 0 replies
Another useful feature is enabling online payments, which makes it easier for customers to pay and can speed up the process.
Matt Dickens
Home Renovation for MTR Question - Bathtub in Master, not in Hall Bathroom
8 September 2024 | 6 replies
Hi Matt, I agree with the comments above I'm sure you've already done this in your research, but I would definitely check the comps and see what you can extract from that.
Lance Turner
Tenant Turnover During Holidays
10 September 2024 | 11 replies
Our tools enable a waitlist option to see the property once it becomes available.
Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
Are they extracting the items to be depreciated from just the FixedAsset schedule?
Timothy Fortin
Bonus Depreciation For STR Question
6 September 2024 | 11 replies
I would like to add what qualifies you are a short term rental investor that can take advantage of this "loophole" below: The short-term rental (STR) tax loophole allows property owners to classify rental income as non-passive, enabling them to take advantage of certain tax benefits even if they don't qualify for Real Estate Professional Status (REPS).
Colin Ghira
🔒 QuickBooks Data Security Best Practices 🔒
4 September 2024 | 0 replies
.- 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!
Malik Javed
Maximizing Tax Savings with Cost Segregation: A 6-Unit Apartment Building Case Study
4 September 2024 | 2 replies
Key Benefits: First-Year Additional Deductions: The cost segregation study enabled the property owner to claim an extra $215,000 in deductions during the first year.
Julie Muse
Doubling the Value: Dearborn St Success in Hobart!
4 September 2024 | 0 replies
We negotiated based on the property's existing condition and potential post-renovation value, successfully securing a favorable deal for both parties at $100,200, enabling us to unlock its hidden value.
Brady Herbaugh
New to Investing: Should I House Hack or pursue another strategy?
6 September 2024 | 28 replies
It enables you to take advantage of a smaller, if any, down payment while owning/controlling a piece of real estate.
Julie Muse
Quick Flip Success: Turning $18K into $28K in Saint Marys, OH
3 September 2024 | 0 replies
By working closely with our partner Rodney Lomax, we ensured that all financial aspects were handled smoothly, enabling a fast transaction with minimal hurdles.