Mehgan Moore
What makes a good Book keeper / CPA ?
My husband and I are looking for a good book keeper/ CPA but are not really sure what to be asking while interviewing them. Does any one know of a good one in the Phx Az area? What is the average cost of this service?...
Ryan Gross
The stuff no one talks about
Hey Guys, I'm a relatively newer investor. I currently have 3 units and I feel like my momentum is really picking up. That being said I've struggled to find information about bookkeeping and accounting for someone in ...
Shawn Sopic
Bookkeeping for LLC
I'm a new real estate investor and was wondering what software is best for bookkeeping? My wife and I started an LLC and are in the process of buying our first single family property in rural central Pennsylvania. I...
Ali Javid
How did you manage taxes when you started out?
I try to be frugal and dedicated.I read books on the tax benefits of real estate. I then filed my first year with TurboTax and was all of a sudden surprised. A lot of tax deductions didn't apply to me due to my income...
Jeremy T.
Accounting w/Excel - how to track Principal payment (not Schedule E expense)
So I tried QuickBooks and Buildium, both great and snazzy but ultimately using Excel is just faster and with Office 365 I literally create a clear audit trail (my job has me working with auditors everyday...) by input...
Larry Watson
Cost segregation form in excel
Does anyone have an excel sheet that you use for "cost segregation"?
Bill Mitchell
Night Job to save more for Real Estate
Hey everyone,
Trying to generate some ideas for a friend of mine, basically he is wanting to find a job that has night shifts that he can use to save additional money for real estate.
Perhaps something ...
Frank S.
Have you used Upwork and Turbotax to get your taxes done?
Hello, Have you used Upwork to get your taxes done? Tax preparation is complex, but TurboTax Software really takes the guessing out of it. Especially, after reading Every Landlord's Tax Deduction Guide - Stephen Fishm...
Sanjay Gupta
TurboTax Home and Business
I flipped property in 2017. We had two partners and used our personal name when buying. At time of buying, we did not have LLC setup.later on we have LLC and LLC taxes are taken care by CPA.How do we report sale of pr...
Account Closed
In my situation how much interest/taxes can I deduct for my rental property?
Hi guys, newbie here.
I purchased a rental property in April; because it took a few months to complete all repairs it wasn't available for renting until September.
Here are my questions:
1. Can I deduct mortgage in...