Joshua Bailey
Create an individual LLC per investment property?
20 February 2024 | 15 replies
Your accounting, really bookkeeping, should done with your accounting/bookkeeping, not your LLC's.
Michael Ashe
House hacking. How to calculate cash flow
20 February 2024 | 15 replies
I agree with the items @David Liu mentioned but add insurance, vacancy, property management (even if self managing because it is work), misc (mostly items divided across all units (bookkeeper, LLC, umbrella coverage, tax man, office expenses, etc) as well as one off items such as utilities due to slab leak.
Marie Martin
Commission for all-in-one Property Manager under broker
20 February 2024 | 11 replies
I agree with @Michael Baum and @Sarah KensingerWhat you will gain on name recognition from the big company name will be lost by people fearing that a big name company is unable to care for their property as a smaller company can.The loss of marketing and accounting systems can be replaced by hiring a company like Vintory and a Bookkeeper through a CPA.
Mark Pitt
Has anyone tried/used Showmojo yet?
19 February 2024 | 18 replies
Mark, I have myself, my wife (owner payments and bookkeeping), a second property manager, and an administrative assistant.
Isaiah Wilson
Need more Info on Mid-Term rental Strategy
18 February 2024 | 8 replies
I use Baselane as my all-in-one banking and bookkeeping platform.
Marcus H.
Set up Quickbooks for real estate investing/rentals
17 February 2024 | 27 replies
I hate bookkeeping, but not yet interested in paying a bookkeeper so I am looking for something relatively easy!
Account Closed
Do I need a CPA? ANSWER INSIDE
16 February 2024 | 15 replies
It wouldn't be all that strange for someone to have a bookkeeper for their real estate business, a bookkeeper for their non-real estate business, and a tax preparer who takes the reports from the bookkeepers and files the return(s).
Omer Dar
Remote roles in property management
16 February 2024 | 4 replies
Bookkeeping, Data Entry/Report Generation from Software (VA), IT, Newsletter prep, Marketing, Payments
Ben Pearce
House Hack Accounting Help
16 February 2024 | 6 replies
However, as you grow these will get unwieldy and will cost you more time to maintain, probably to the point where you keep putting off the bookkeeping.
Peter F.
Property Manager Under Broker - Commission
16 February 2024 | 9 replies
>E&O Insurance>Escrow & Deposit Management>Bookkeeping Services>Branding (Franchise name)>Inhouse referrals from Agents>Office Space & Office ToolsI will Provide: The entire property management division.