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Results (5,498+)
Kole Kingslien Best way to pay yourself from an LLC for small contractor
14 November 2018 | 14 replies
He does mainly decks and other exterior work, but does a little of everything.Also, does anyone know of any resources or guides to learn how to categorize expenses and do bookkeeping for this type of business?
Jacob Breazile First Duplex Purchase
22 November 2018 | 22 replies
Office Supplies (e.g. stamps, envelopes)SoftwareGas/MileageAdvertising + Payroll12) Lawyer/Law office/Legal fees13) Accounting/Bookkeeping/CPA/Tax preparer/Tax advisor
Peter Hynes New Real Estate Investors - What Entity?
14 December 2018 | 13 replies
Essentially you are trying to remove their will to sue you, and any attorney who knows what they are looking at will realize this entity is going to take lots of time and money to even try and breach, not to mention actually getting a settlement or judgment out of.Beyond that you need to account for corporate management and having some solid bookkeeping to ensure the different "child" series don't commingle their funds.Can people do this themselves?
Trevor Deeter First Timer Wondering... New Construction or a Flip/BRRRR?
16 November 2018 | 2 replies
My wife has strong managerial and book-keeping skills and could likely handle GCs quite well.
Mike Stahlman What is an average price for Accountant as new investor?
22 November 2018 | 9 replies
I also do all of my own bookkeeping, so the accountant really just compiles everything, makes sure the appropriate rules are followed, etc.
Cynthia Oistad Business credit cards for LLCs vs Tracking rental expenses?
24 March 2019 | 3 replies
I think what you’re doing is ok but, as a bookkeeper, would prefer to see each LLC have its own credit card.
Don Ireland Owner Occ Duplex: Accounting
15 April 2020 | 9 replies
@Don Ireland , Using a separate account for house hack portion just helps with the bookkeeping.
Shimon P. New property new LLC?
23 November 2018 | 3 replies
If so, the additional accounting cost per LLC can be very, very low provided that you are doing the basic bookkeeping yourself and passing off to a CPA at tax time.
Kyle Hern Long distance investing team
23 November 2018 | 4 replies
@Kyle Hern Attorney, PM, Contractors, Realtor should all be in state and close to your assets.CPA/Bookkeeper, does not have to be close to the assets. 
Bharath Raj [Calc Review] Help me analyze this deal
19 November 2018 | 0 replies
The bookkeeping is poor at best.