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14 January 2025 | 15 replies
@Chad Urbshott Correct, Olympia Trust is one of three places mentioned to set up a trust.
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30 January 2025 | 62 replies
So I’m not worried about correcting the immigration problem from a Real Estate investment approach it will only go up in price if we do a lot of immigration.In transit to Belize
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15 January 2025 | 144 replies
So after 5 months you:a. taken a LOC of $10k but repaid it with $8k of cash and $2k of the invested money.SO AT THAT STAGE: You are $8,000 out of pocket - Correct?
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19 January 2025 | 354 replies
Looks like they’re still operating at a loss if I’m interpreting correctly.
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15 January 2025 | 10 replies
I want to ensure that the structure of these investments I am working on correctly address key issues for investors.
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12 January 2025 | 8 replies
And, @Steve Vaughan is correct; use a Quitclaim.Next is to check with the Title Company regarding the Title insurance.
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9 February 2025 | 29 replies
Just to double-check -- you're talking about adding alt text within your photos, NOT just the caption, correct?
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16 January 2025 | 40 replies
Hey @Eddie Gonnella, @John Underwood has it 100% correct.
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14 January 2025 | 8 replies
Buildim has a general ledger so you can record credit card transactions the same as in any other bookkeeping software 1- add to chart of accounts a current liability called for example capital one credit card2- when you want to record a credit card transaction go to general ledger create a journal entry, for example if you swiped your card for a maintenance expense in the amount of 1,000 youshould debit maintenance 1,000 and credit your liability account called capital one credit card for 1,000so your liability account balnce is always the same amount as your credit card balance 3- if you pay intrest on your credit card add to charts of accounts an expense account called capital one intrest fees and when you got charged intrest create a journal entry debiting capital one intrest expense account and crediting your liability account 4- to record a payment to your credit card you can record a check from your bank account payable to capital one you should add them as a vendor or you can do a journal entry It simple for anyone with a little bookeeping knowledge and btw thats how its also done in quickbooks or anywhere else And thats the correct way doing it although there are a few other workaround ways for exemple creating a contra asset or as paying a vendor So i dont know why you blame buildium it would be the same with any other software
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31 December 2024 | 32 replies
<<< Correct, that is exactly what I am referring THIS IS your tradeoff most of the time when using turnkey companies AND WILL CONTINUE to be your tradeoff even when using a realtor IF YOU DON'T VERIFY YOUR NUMBERS.