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Results (5,501+)
Eric Samuels Annual and monthly tasks owning a rental property in Philadelphia
3 January 2024 | 3 replies
- Bookkeeping- Newsletters to tenants such as:  - Winterization tips: min temperature, outdoor faucet covers ect
Dmitri Smith management software programs
16 March 2023 | 8 replies
Something like Avail, TenantCloud, or TurboTenant are good all-rounders, but some of these are paid solutions and charge additional for accounting features.Stessa is easy to use for the bookkeeping bit, but is a bit less developed for managing leases, collecting rent, screening applicants, etc.Azibo is building the best of all worlds but the maintenance tracking features are still incoming.
Soh Tanaka How to receive rent in QuickBooks
3 April 2020 | 13 replies
Don't you uno reverse card on me I don't do bookkeeping so QB is not my specialty -  I stay in my tax lane. 
Andrew Clark How much positive cash flow should you be making off a rental?
21 December 2018 | 15 replies
a) Office Supplies (e.g. stamps, envelopes)   b) Software   c) Gas/Mileage   d) Advertising + Payroll   e) Concessions   f) Lease loss   g) Property manager fees (monthly)  h) Lease renewal fees12) Lawyer/Law office/Legal fees13) Accounting/Bookkeeping/CPA/Tax preparer/Tax advisor
Hilary Adragna CPA Recommendations Wanted- NY
2 January 2022 | 2 replies
You'll still get the tax benefits of a rental (and the bookkeeping organization with a separate bank account) even if the rental is in your personal name.That being the case, you may want to reach out to a NYS attorney to make sure it is set up correctly. 
Rex Geissler Denver-area Real Estate CPA
22 May 2023 | 5 replies
I'm not a CPA but I am a bookkeeper for REI so maybe I can help with some questions
Shawn Parsh No Excuses! For not being able to invest in real estate
18 January 2024 | 13 replies
More than half that hour is doing simple record keeping/bookkeeping, hire a “tax guy” and you shouldn’t need 20 minutes per month for a dozen properties. 
Sam Williams Taxes on wholesale while working a day job
17 February 2015 | 5 replies
If you choose to file as an LLC, it gets a little more complicated, and you would need a qualified accountant (I'm just a bookkeeper).
Jacklyn Robins Looking for some guidance on scaling your portfolio
14 February 2024 | 19 replies
Make sure you have the following:Greatinvestor-friendly agentsMultiple contractorsto run bids throughMultiple lenders andhard money lenders to quote youA great real-estatespecialized CPA (and bookkeeper)Systems - We do 20out of state Flips/BRRRRs per year and use these toolsUnderwriting -DealCheckProject Management -ClickUpBookkeeping -QuickBooks Online Plus Team Communication -SlackFile Storage -Google DriveOPM - Other People'sMoney
Palak Shah Self-Managing Properties LLC Set-up
30 January 2019 | 4 replies
The only other benefit would just be simplifying everything so you don't have to be digging through bookkeeping all the time - which in my own experience is worth a lot of money!