@Michael Dang

Hi.  After I closed on my new 5-unit property this past december, I had to replace two heaters that were at their end of life and malfunctioning.  The total cost was $9,900.  I just realized that the HVAC company did ...

We get copied on the first late invoice, but that doesn't always clue us in enough that there is an issue.  

I submit an invoice to the title company for the difference i negotiated with the seller and the buyer.

Dory; You raise the most pressing questions, especially w/ FHA lenders not allowing or considering certain fees, I've seen them not allow a $150 dollar real estate agent marketing or listing fee, something like that, but my point, if they are that picky with a 150 dollar fee, I can only imagine the wrath I would receive on a 30-40k "finders" or "assignment" fee :) However, to play devils advocate, I would have the seller sign a simple "invoice" for the assignment fee, BEFORE I submitted the end buyer, in addition, the transaction would be null in void if this fee was not paid out of seller's funds.

Dang, that can't be good. 

I don't have an academic or statistical source for this to cite, but I'm pretty dang sure that there is a correlation among my clients between "did my own taxes" and "run my own business" and "got audited and it really really sucked."

Dang Account Closed for an investor friendly CPA.

Following her methods changed how I set things up, and is much better for our unique situations as landlords.FWIW, I went with the desktop version when I upgraded to QB2016 since it ends up being cheaper than the online version over time, but will probably switch to online to give me the ability to update books while on vacation- mainly send out invoices, but for now the desktop version is great for us!

I am looking for a way to send paper invoices to my tenants on a monthly basis and found www.billmytenants.com.