
3 March 2025 | 6 replies
Simply report your accurate rents and expenses which you should be tracking as well and not simply relying on your property management company and their reporting.

25 February 2025 | 8 replies
If it's a wholesale deal or there's some competition, then usually not because time is of the essence (and often wholesalers provide inspection reports).

6 March 2025 | 3 replies
Many instant reports pull limited public data and often miss key records like evictions, judgments, and liens—which no longer appear on credit reports.

6 March 2025 | 22 replies
I created lists, searched virtual markets and was able to skip trace all of these for free...or so I thought.

26 February 2025 | 14 replies
You can continue using TurboTax if you're willing to learn rental tax rules, as rental income is reported on Schedule E with deductions for mortgage interest, property taxes, insurance, repairs, and depreciation.

3 March 2025 | 2 replies
It may be law maybe not, but it isn't going to be enforced.Treasury Department Suspends the Enforcement of BOI that Forces Small Businesses to Report Personal Details About Their Owners to the FedsThe U.S.

6 March 2025 | 6 replies
Like Michael mentioned if you are just reporting on schedule E/C on your personal return- a balance sheet isn't required; so full double entry software isn't required (but still helps).

21 February 2025 | 12 replies
It will auto download bank and credit card transactions, give you reports by account, category or property in any form you want.

6 February 2025 | 10 replies
If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much.

7 March 2025 | 12 replies
There are no quarterly reports. 2024 q1 and q2 are over and the storage fund has not issued any distributions because the income statement is losing cash.