Forgot to mention - if you haven't already, download a copy of the accounting for landlords tutorial/e book Buildium allows you to download - I referred to that more times than I can remember during initial setup and as I've moved along over the years.  

I enjoy talking about REI.I recommend checking out the downloads section of Bigger Pockets.

Hey Ned, Thanks for the help I just downloaded it and I'm about to start reading!!

http://tax.cchgroup.com/downloads/files/contempora...See Section 721 and Pub 541

Forbes just names it one of seven investing podcasts to download right now.

So if the tenant refuses to pay the late fees, I don't see what legal course there is to obtain the funds, apart from small claims court.I know the smart thing to do is write into the lease that late fees are paid first and then rent but I downloaded the BP rental contract in file place, which doesn't have this clause.

Forbes just named it one of seven podcasts to download today.Our Blog covers all aspects of real estate investing, including wholesaling and fix and flips.

download alot of the books and just read up on everything.

THS has a free form on their website that you can download.

Forbes just names us one of seven investing podcasts to download today.