However, if you need a balance sheet (snapshot of your assets, liabilities, and equity) I'm not sure that they offer that service.Quickbooks Online is probably the most popular software out there and the one that most of us accountants are familiar with.

Would appreciate clarification on best determining my dwelling versus land value for depreciation:-    Purchased first duplex - Early April 2018 - $369,000 - California-    New Tax Assessment received assumes $143,541 (Land) and $225,459 (Fixtures)-    However, while my appraisal gave the sales comp approach the most weight in determining value, the Cost Approach was second and had the following breakdown:      "...Site value was determined by a review of assessors tax records for land value and was determined to be the most effective as there were no recent lot sales.

Thanks for the info on taxes - googled and found out that there is a hike of 35.4 cents for every $100 of assessed value.I know Avon and Plainfield are popular, though I wonder about this neighborhood   (which I guess is neither Avon nor Plainfield) sandwiched between rail lines to the northwest and airport to the southeast.

They are popular in my area and rent for 800-900.

They are popular in my area and rent for 800-900.

I understand your concern about the saturation, wholesaling is growing in popularity since its such a great way to get a foot in the door. 

What you are saying is contradicting what a couple others in this thread are saying that are also pretty knowledgeable and popular posters on this forum.

@Michael Iacono True...popular markets escalate in price quickly...the last 2-years here in Columbus have been mind boggling...same thing in a few other Midwest and East Coast cities with great outlooks...anyway, something will pan out.

@Joe SzThat’s why 1031 exchanges are popular.

My partner and I have been offered a privately owned cash flowing opportunity in the Philippines which is right on the ocean in a very popular location, and at what seems to be a very good price.