
10 December 2018 | 8 replies
If youre truly in this for the long haul, there is nothing worse than getting started and then realize you dont like who youre dealing with.Meet the property management, customer service, accounting / finance.

14 February 2019 | 16 replies
But I have accountants nationwide that maintain that they can do those sales and purchases with related parties as long as they maintain meticulous records and use arms length market valuations.
17 November 2018 | 2 replies
Find a reputable accountant, this is too big of a decision to listen to someone in an online forum.
18 November 2018 | 2 replies
All of the accounting work is done with quickbooks, so I believe I'm looking for software to best help out with managing tenants, leases, payments, showings....etc..Thank you,Bobby P.

17 November 2018 | 2 replies
What is he currently receiving for monthly/annual rent for the property?

29 November 2019 | 6 replies
People doing 10+ deals a year4-6 peoplePeople that want to be open and share best practices – a diverse group of investorsPeople willing to provide constructive feedbackAn initial call for everyone to explain their business model – what you are doing, what you are looking for, etc.Once a month organized calls (Skype or Google) with an agendaA shared group (probably on Facebook, Google drive) where we can share ideas outside of our meeting timesCommunication and accountability outside of the once/month meetingThis is an evolving thing and I am open to best practices and ideas others might have.

19 November 2018 | 16 replies
My wife usually does our taxes as she majored in accounting (is not an accountant).

17 November 2018 | 3 replies
So as far as where my money came from will that need to be accounted for?

15 April 2020 | 9 replies
Since I can't include expenses for my unit for tax purposes, I'm wondering how I should handle accounting for my unit.Should I pay rent from my personal account to the business account and then let the business account handle ALL transactions related to this property?

29 November 2018 | 5 replies
I just closed on a duplex that had an annual premium of about $1060 through Foremost as an all cash value policy only.