If you haven't tried the BP calculators yet, you get 5 free before you need to buy that Pro account, which gets you unlimited calculators. 

The free service, for landlords with two or less properties, tracks expenses, profit/loss, etc. of your rental properties ($50 fee if greater than two) but it requires linking accounts in order to automatically track and categorize expenses for you.I’m always uneasy when a website requires linking bank accounts.

Fellow BP Members,This post is looking for inputs (or links to other threads I may be missing) regarding three inter-related issues (I do have an Attorney, Mortgage Broker, and Accountant...but sometimes I gain more clarity by reading a good BP post from accomplished investor).Example Scenario: I own two rentals in two different states (Rental A, 2-family and Rental B, 1-family) both as personal investment properties. 

Originally posted by Account Closed: It wont cost anything to  a lookIt won't cost anything to send out my daughter, who lives in Maplewood.

Just cover your butt. ps: a lot of marijuana businesses deal with cash as banks refuse to open accounts for them.

One thing you may be able to do is to pay it back and reduce the amounts of rent received making it a tax write off, but ask your tax accountant.

They go directly to my bank and deposit in my account.

Account Closed, How we do ours is we have the renter fill out the paperwork as a normal lease, which includes everything a basic tenant would pay for that property (i.e. utilities, and any associated maintenance, first month rent, security deposit, etc.) if they were renting from us.

I put my gains into a 1031 exchange account.

Was Offerred rates of 5-6.5% after few phone calls, with early return penalty for 3 yrs etc and company was willing to transfer money to my account in 1-3 days ( it’s not a line of credit)Thinking of using this as a down payment for my next deal, but it took me 4 months to find my last deal.