A mortgage is then filed against the property to secure their investment.

If you’re like me it’s late after the 5th and 3 day notices go out on the same day and evictions are filed each day of the same month if needed to.Typically they pay the first full month up front, then on the second month they pay the prorated month from when they moved in

I log the books read etc. with an excel file and keep count.Most brokerages figure new agents will make a few sales the first year before going out.

The base cash flow sheet is pulled from a friend or maybe BP files section.

@Lisa Sessions Quickbooks can keep all of your books and records for you to help you file your taxes when the time comes.

Feel free to post this in the Pennsylvania forum if you need some more local voices to weigh in. 

If yours is in the middle ground between those two they might accept it if you agree to a last-minute 1% rate/point hike.I stopped working with and offering true hard money some time ago because I don't like working for free, nor do I like having to be the 'voice' of the bait and switch without having any control over that.

So how should I file my taxes, CPA or diy (turbo tax, HR Block)?

She is still the "voice of reason" when I'm overly-optimistic about some deals.

I have mine set up as an LLC with an s-corp filing at the IRS.