As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.

The easiest solution to combine your two Stessa accounts would be for you to add the email address you have associated with BiggerPockets as a collaborator to your already active Stessa account.Then log in with your BiggerPockets credentials (as that collaborator) and it should upgrade your Stessa account.Here are some easy steps to follow: https://support.stessa.com/en/articles/2105533-the-power-of-portfolio-collaboratorsIf this does not work, please message [email protected] and we can work with Stessa directly to get you set up.

Nice to see that you are active in the forums.

Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.

Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.

I keep coming across posters asking for advice on how to “scale” their investment or business activities.  

It is not a set it and forget it thing though, you'll still need to be active and review monthly statements and manage things to make sure everything is running smoothly. 

Hi Everyone,I am looking to get started with doing rental arbitrage with my cousin who is a Green Card holder, however, I am on a H1B Visa which restricts my ability to earn income "actively".

While the power can't be selectively turned off, it’s really about active management and oversight once the utilities are in the PM's name.

Just being active and visible in the areas you want to buy in can work wonders.