Account Closed
Looking to volunteer my time
25 October 2018 | 0 replies
I’m in Upland and can do work from home to help with bookkeeping, property management, or property analysis.
David Decker
Multiple LLCs with different names?!?!
25 October 2018 | 3 replies
The sheer volume of book keeping and different bank accounts, annual fees, higher interest rates and just sheer time involved does not seem to be supported by being a newbie.
Dustin Woodley
Tricks of the trade... What is yours?
11 January 2020 | 81 replies
It's very hands off for the landlord and I get an email alert every time a deposit is made so it makes bookkeeping super easy.
Julio Salado
First time homebuyer and LLC- Do’s and Don’ts
29 October 2018 | 8 replies
They are also used when you are investing with other people in the same project.LLC will also increase your paperwork and bookkeeping, and make obtaining loan more difficult.As a whole LLC are great tools to use in real estate, but you need to understand first their pro and con as it is not the magic bullet solution for every situation.
Ada Tor
Are STR's worth it for a high-income earner?
15 November 2018 | 15 replies
I don't see that an LLC gives me any advantages I can't also have through good insurance policies, and it's a lot less bookkeeping!
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.