For the tax wizards on the forum...For the moment suspend any sense of rationality and assume that there is a gov-mint mandate on startups that require them to do audited financial statements.  They really don't have ...

From an accounting perspective how is a master lease journaled? Also is it an operating lease or a finance lease? I have a degree in Finance so you can be technical with me. Just been a couple years since I've done jo...

Hi BP peeps, 
I have a buyer in CA that's going to close a house in GA. So mobile notary is needed to sign closing documents. Just curious what's the mobile signing looks like? If the buyer requested you to mark ever...

Just wondering what most people are using to keep up with what's happening in their local/regional areas?Just listened to the most recent podcast and the guest mentioned subscribing to your local business journal. I n...

I've got a commercial property we just refinanced, held in an LLC.   Part of the result of the refinance was extra cash.  My questions seems simple but it is just evading me.  As I am entering the transaction in my bo...

The long-awaited audiobook for @pacejordanmorby's Wall Street Journal bestseller, Wealth without Cash, is now available! 
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I have degrees in Accounting and understand it but have never used it in real estate nor have I used much Quickbooks. My husband flips houses and has about 5 going at any time. We just set up Quickbooks Online which I...

Just a quick introduction. I was born and raised in the NYC area and have been interested in real estate since I was in high school. I work in Accounting for a large alternative investment firm in Manhattan and am fin...

I have to use the entire security deposit to cover lost rent.  The invoice for rent is created.  If I just issue a credit memo how do I DR the balance in the tenant security deposit?  I don"t want to create an "item" ...

Hi I tried searching to see if there were already some posts about this but I couldn't find any so here it goes, if there are feel free to direct me there.This question would be for seasoned investors, or anyone who h...