Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.
Rob Wallace
Looking for Tax Accountant
13 January 2025 | 5 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
Just about any bank can open a joint account.
Matthew Beninate
Business Bank Accounts
1 January 2025 | 13 replies
You can collect rent, do your banking (unlimited virtual accounts), and do your accounting.
Rene Hosman
How do you keep yourself accountable to your goals?
13 January 2025 | 5 replies
Sounds like internal accountability is really important to you!
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
@Chris ShonYes, a real estate accountant is worth what you pay them.
Alexandra Winkler
Bank Account Operations
30 December 2024 | 1 reply
if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
If you have an LLC, the accounts should be business accounts in the name of the LLC.
Willam Mendez
Is There A High Yield Savings Account For A Business ?
8 January 2025 | 0 replies
Hey guys, just wondering if anyone knows of any HYSA that are used for Business or any other Business account that will give me a high Yield?
Abraham Shamosh
Question about Wholesaling RE
6 January 2025 | 2 replies
I can't say that I have done it first hand at all.