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Results (5,505+)
Account Closed Business Plan ETC.
17 November 2014 | 2 replies
Get some bookkeeping software like Quickbooks or the equivalent and start using it.
Edgar Perez Can I have my own LLC manage property owned in my personal name?
15 August 2020 | 41 replies
I like LLCs better for my passive commercial holds only, personally.My reasons for having the mgt corp were for anonymity (it has a very generic name) to pay rents to, credibility (new applicants are more ok giving my corp holding monies), having a 'bad guy' I have to check with for tenant requests, ease of p&l/bookkeeping, 1 place to receive all 1099s for HUD and agency pays, one mileage platform to record on (not every property), retirement account options, a way to obtain health insurance if needed, etc.  
Jovann Thompson Is long distance investing difficult?
21 March 2022 | 98 replies
You'll learn timeframes, and costs for specific items, you will learn how to deal with tenants, bookkeeping, etc.
Jim Zatko When to get a property manager?
8 February 2016 | 49 replies
I don't think it is uncommon for owners of PM companies to turn their own properties over to their business and treat them exactly the same as any client property (bookkeeping wise). 
Ryan Crowley Scaling up and bookkeeping
25 September 2020 | 17 replies
I use both for several clients of mine as I’m a virtual bookkeeper specializing in property accounting.