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1 February 2024 | 1 reply
The AppFolio app that is used to manage the rental property has overcharged beyond the legal 12%many times and the bookkeeping for historical payments from tenants has been doctored to correct these mistakes by the online algorithm!
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3 February 2024 | 5 replies
The AppFolio app that is used to manage the rental property has overcharged beyond the legal 12%many times and the bookkeeping for historical payments from tenants has been doctored to show different amounts and to correct thelmistakes made by the online algorithm!
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2 January 2022 | 9 replies
Scott Mac... so what you are saying is hiring a book keeper to handle this function is an option and there are real estate investors who hand this off/use bookkeepers to track all this stuff.
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10 July 2021 | 12 replies
This makes my bookkeeping much more simple for when I do my taxes and especially for when I get audited.I've been investing in apartments and homes for more than 50 years and never got sued by anyone, YET!
17 January 2024 | 18 replies
ProAdvisor is a software training, not bookkeeping.
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18 June 2016 | 2 replies
Payroll, bookkeeping, etc can mostly be done remotely.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.
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29 January 2024 | 4 replies
It's good to have the rental property under a separate account to make book keeping easy but it doesn't have to be a business account.
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21 November 2021 | 6 replies
HubDoc is the best for collecting bank statements for your book keeper, receipts are good and I like the way they organize invoice collection but their invoice collection (e.g. from utilities) integrations have been breaking more and more.
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29 January 2024 | 7 replies
Some people don't have financial situation, nor have the bookkeeping to track or maintain it.Again, I personally find it very stressful just thinking about living that way for the life of the loan keeping the lowest daily balance possible.
24 January 2022 | 1 reply
If you're looking for software to help more with income and expense tracking and bookkeeping though, there are other platforms out there that focus on this.I'd definitely recommend having a look around to see which software has the features you want.Hope that helps!