David Frey
Navy nurse in San Diego... tired of renting (newbie).
11 December 2017 | 17 replies
E-myth and Accounting books are next...Any advice or suggestions are appreciated.
Account Closed
what do you think of these HML junk fees?
21 November 2017 | 16 replies
Account Closed Are they allowing you to shop for your title company?
Tyrel McAllister
Seed Capital - Best VC experiences?
5 February 2020 | 10 replies
Account Closed Sound advice, investors can be rightly fickle some times.
Ryan M.
Closing Pushback Advice
21 November 2017 | 5 replies
After hours (HOURS) on the phone with the IRS, we discovered our accountant, who we fired months ago, neglected to ever actually file them.
Martin Saenz
IMN Conference on Note Investing
11 October 2018 | 14 replies
Hi Account Closed, I think your time would be better spent attending a conference geared more for beginners like Paper Source this spring in LV or Note Expo next fall in TX.
Nicholas Richard Ray
Trying to get my feet wet
22 November 2017 | 9 replies
Account Closed - Thanks I appreciate it!
Derek Gendig
Out of country investor looking to open US bank account
22 November 2017 | 2 replies
He is looking for help with setting up a US bank account without having to come here.
Sean Williams
Black Friday Appliances for Rental - Best Accounting Method??
30 November 2017 | 14 replies
The safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1) at the beginning of the tax year, the taxpayer has written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by invoice.Note: The cost for the Unit of Property includes additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the tangible property.Eg:A purchases 100 printers at $500 each for a total cost of $500,000 as indicated by the invoice.
Ross Musil
Tax Advice and Tips for a new real estate LLC
24 November 2017 | 5 replies
I am looking to get advice on tax reporting and book keeping, I do have some accounting knowledge already but would like to learn more.
Buddy Holmes
South Carolina Law on SFR Security Deposits
9 January 2018 | 5 replies
As I understand it, a landlord is required to keep tenants' security deposits in a separate escrow account.