Most properties are using prepaid cards for laundry, leasing / or lease to own, machines from laundry company and then the upkeep is their problem.

Be sure to include any improvements you made since your purchase, closing costs (excluding prepaids) and any special assessments since you have owned the condo.  

I recently sold my first property (I've historically been more of a buy and hold kinda guy), and I'm struggling with the QB journal entry to close out the property.I know I need to debit my asset accounts and credit my contra-asset accumulated depreciation accounts.

If you then sold on 10/1 you would have a debit to the buyer for $1350. 

The last auto debit payment to Anchor Loans was never forward to Cohen Financial, so Cohen charged me a $411 late fee and demanded payment of the missing month! 

Hello,When plugging in #s into the "purchase closing cost" section of the BP rental calculator, you can click the "cost breakdown" link on it to plug in specific components (e.g. points, taxes, hazard insurance, etc.).The loan quotes I've received all include 12 months of prepaid hazard insurance.

Prepaid cell phone and number that you can turn off or forward after hours?

Luckily both tenants vacated and I didn’t need to pursue an eviction with the constable, although I prepaid for it just in case...FYI - you can fill out all the paperwork on line as well.If you would like any help or other information, PM me.  

Most property managers will debit the owner for charge back funds, even after paying the owner.

10% is too big of a discount for me even with the prepaid rent.