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5 June 2024 | 8 replies
@Tricia O'Brien. i have a bookkeeping client that uses inago.
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3 June 2024 | 2 replies
Be responsible putting rehabs on credit cards :)Regarding paperwork/bookkeeping....
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1 June 2024 | 17 replies
i use berkshire bank, it's a more local/regional bank in MA that i've been with for like 15 years for personal & both businesses. i like that i can walk in and everyone knows me, anytime i have an issue, which i just about never do. i actually didn't know stessa was a bank, i thought they were just a bookkeeping software!
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1 June 2024 | 3 replies
I would prefer to manage everything through the LLC's account for bookkeeping and tax purposes.Proposed Solution:Open a new joint personal account specifically for making mortgage payments.Transfer the monthly mortgage payment amount from the LLC's business checking account to the joint personal account.Document these transfers as "Owner's Draw" or "Owner's Distribution" in our accounting records.Use the joint personal account to make the mortgage payments.Questions:For the CPAs and accountants out there:What are the tax implications of this approach?
30 May 2024 | 10 replies
If he is a bookkeeper - no.
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29 May 2024 | 10 replies
Put together a team with a real estate person, someone to look after your property, loan officers, builders, and bookkeepers.
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28 May 2024 | 13 replies
I only have 11 doors left but I literally spend less than 2 hours a month on bookkeeping, usually 1.
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29 May 2024 | 15 replies
Make sure you have the following:Great investor-friendly agentsMultiple contractors to run bids throughMultiple lenders and hard money lenders to quote youA great real-estate specialized CPA (and bookkeeper if you have trouble keeping organized)
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28 May 2024 | 5 replies
Correct me if I am wrong.What services is the accountant providing you and what communications are you looking for.Does the $900 already include filing of a tax return and bookkeeping?
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24 May 2024 | 6 replies
Who set the QBO for you, the current bookkeeper?