(Default information) Help understand how’s this possible and what’s the difference between delinquency amount and loan amount? 

I'm Syed, and I'm thrilled to be part of this community as I embark on my real estate journey.

I believe this is the most appropriate category for my question.

Is this a good idea?

It’s just  that I have no accounting experience and I created my own spreadsheets when I started this (I created and know my own system, not this one).

View report*This link comes directly from our calculators, based on information input by the member who posted.Looking for a bit of assistance on this not sure if i calculated the holding cost correctly  and other factor.

Lets just say that $50K has been carrying in losses from this particular property, this means (according to my CPA) that I can only offset $50K from the capital gain of the sale of this one property.

I've been operating a Turo biz under an LLC for the last 2 years and have recently decided to cease operations (For those not familiar with Turo, think of it as the Airbnb of car rentals).I was wondering if it is possible to begin operating my real estate biz under this existing LLC?

We pay for this software already and were considering using them instead of tracking on excel sheets.

this way you won't need to rebuild the principle.