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3 April 2023 | 4 replies
I'm curious to know what your biggest struggle is when it comes to bookkeeping and/or finances.
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6 June 2021 | 8 replies
In my experience cash is ok as long as there is a deposit receipt or bookkeeping to go along with it.
22 May 2018 | 5 replies
I have used 2 accountants in that time, and they have cost between $1000 and $1800 to do taxes and financial statements each year (and I do my own book keeping).
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6 July 2018 | 1 reply
The three people you mentioned are all not necessary until you find a deal, and even then the role the will play is minor (depending on the size of your first deal.)They just need to be licensed in whatever state your business is located.As far as expenses for each Insurance Agent - $0 (paid from your premiums) check out nreig.com CPA - I assume you mean a tax attorney, which is different from say a bookkeeper who would monitor the transactions on your account and log them accordingly.
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19 November 2018 | 31 replies
Renewal feesOffice Supplies (e.g. stamps, envelopes)SoftwareGas/MileageAdvertising + Payroll12) Lawyer/Law office/Legal fees13) Accounting/Bookkeeping/CPA/Tax preparer/Tax advisor
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22 April 2023 | 6 replies
Aside from the extra liability protection I also like to keep my books in my finances extremely organized.For each LLC that I form I also have a new EIN and a separate bank account.That means all of my income and expenses for each property sits within its own bank account and therefore is very easy to see which property is more profitable that the others, pay bills, and manage finances.If on the other hand, I had one LLC that owned all three of the properties I would have to rely on my bookkeeper and/or my property manager to differentiate which property brought in income and which expenses were attached to each property.
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18 November 2023 | 6 replies
QuickBooks is kind of a common bookkeeping and accounting platform.
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20 January 2021 | 32 replies
Focus on building your business and leave the tedious tasks to your bookkeeper or accountant.
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24 August 2006 | 4 replies
I recently took on a job as a bookkeeper for a growing company and I'm desparate for resources!
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10 December 2015 | 37 replies
Book keeping update; taxes; and business plan.