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31 August 2023 | 5 replies
Just curious what platforms people are happy with who are managing and accounting multiple LLCS and properties.Currently using Buildium and QB but if theres a better mousetrap Id love to hear about it!!!
11 August 2018 | 5 replies
Up to date and knowledgeable bookkeeping will give you the raw and aggregate data points you’re looking to use.
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15 January 2024 | 9 replies
In terms of a Book Keeper what do they actually do to provide value?
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22 August 2019 | 12 replies
Then maybe some light bookkeeping depending how things go and I learn how my business can better benefit.Does anyone have any tips, suggestions or things to look for when working with a VA or a company that employs them?
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17 January 2024 | 9 replies
If your portfolio is starting to overwhelm, you may want to hire a real estate-focused bookkeeper for a couple hundred bucks a month to manage this software for you.
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22 May 2016 | 15 replies
You go through fraudulent conveyance grounds, which is a different kind of lawsuit.To summarize; Land Trusts offer no more protection than a properly set up LLC, and you still have to use sane book keeping methods and stuff.
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27 September 2017 | 2 replies
I am planning on doing my own bookkeeping, but would like to connect with someone now to establish a relationship and help determine tax saving steps before I lock things in stone.
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12 February 2020 | 7 replies
This is because while you do have a property manager who is the landlord for rental, you still play a role in managing the overall bookkeeping, finances, taxes, insurance, and other administrative asset management tasks as the property owner.
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11 March 2020 | 8 replies
I think it's much easier to charge a flat amount that is approximately the amount utilities would be, less bookkeeping and less risk of doing it wrong.https://www.revisor.mn.gov/statutes/cite/504B.2152019 Minnesota Statutes PROPERTY AND PROPERTY INTERESTS Chapter 504B Section 504B.215504B.211504B.2212019 Minnesota StatutesAuthenticate PDFResourcesSearch Minnesota StatutesAbout Minnesota Statutes2019 Statutes New, Amended or Repealed2019 Table of Chapters2019 Statutes Topics (Index)Chapter 504BTable of SectionsFull Chapter TextVersion ListSection 504B.215Version ListTopicsCooperative power associationsFurnace oilGas companiesGasesLandlords and tenantsMunicipally owned utilitiesPower companiesPublic utilitiesResidential rental propertyUtilitiesWater companiesRecent History2010 Subd. 2a Amended 2010 c 315 s 72010 Subd. 3 Amended 2010 c 210 s 12008 Subd. 2 Amended 2008 c 313 s 12008 Subd. 3 Amended 2008 c 313 s 22006 Subd. 2b New 2006 c 183 s 12000 Subd. 2 Amended 2000 c 268 s 12000 Subd. 2a New 2000 c 268 s 21999 504B.215 New 1999 c 199 art 1 s 24504B.215 BILLING; LOSS OF SERVICES.Subdivision 1.Definitions.For the purposes of this section, "single-metered residential building" means a multiunit rental building with one or more separate residential living units where the utility service measured through a single meter provides service to an individual unit and to all or parts of common areas or other units.Subd. 2.Single-meter utility service payments.Except as provided in subdivision 3, the landlord of a single-metered residential building shall be the bill payer responsible, and shall be the customer of record contracting with the utility for utility services.