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24 March 2018 | 14 replies
Dan,A typical property management fee could range anywhere from 4-10% of gross rents (larger properties get the better rates due to the economy of scale) in addition to a per door bookkeeping fee, let's say $5/door.
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24 March 2018 | 1 reply
Get bookkeeper or cpa or payroll company to help -missing reporting forms is a pain in the rear with the state.
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29 April 2018 | 17 replies
I pay someone to do my bookkeeping and taxes and I pay someone to clean my properties.
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6 April 2018 | 8 replies
Sounds to me like not a lot of strict book keeping is going on in their office... so do I let a deal die because they are poor at office management?
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10 June 2020 | 18 replies
@William CarrI have detailed notes on a lot of different software for real estate but there's a huge difference between bookkeeping software, software to track rentals, and software used for doing mailings and contracts.
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14 April 2018 | 9 replies
What I need to do is dive back into that material and re learn it because this park is so hodge podged together and is actually more “shacks” then mobile homes with a 3 plex and and large double wide where the owner lives currently so their book keeping is terrible and the broker already discussed this with me.
16 April 2018 | 41 replies
However all leases have rent due on the first for our bookkeeping convenience.
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16 April 2018 | 1 reply
Hire a bookkeeper/accountant (if you haven't already) to keep it in order.
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30 April 2018 | 9 replies
Like you said, you are putting a tax shelter inside a tax shelter.Use your SDIRA for things like notes and private lending, which don’t have a lot of tax benefits.For holding rental properties outside your IRA, you get to enjoy cash flow today, get better financing, and still pay no tax if you are doing your bookkeeping correctly.