Jimmy S.
Did my accountant screw up?
Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...
Jordan Buie
Accountant and Real Estate Attorney
Hello everyone,Does anyone have any tips for someone starting out in real estate about the best ways to find a good accountant to help you structure your investments and a good real estate attorney? Also, does anyone ...
Stephen Lynch
Investing using brokerage account cash
Has anyone purchased a property cash to BRRRR via a margin loan from a brokerage account (like Vanguard)? As opposed to using a HELOC.
Jimmy Farag
Need your opinions: Accounting Challenges?
Hi All, I wanted to know from you what challenges are facing that you would like your accountant to solve?
I am a bookkeeper and a realtor (haven’t done much real estate lately), I would like to pick your brains and ...
Sam Slivinski
Accountant and Lawyers for Syndication
Hello,We are looking to set up our LLC for the syndication business as well as set-up the LLC for the first deal we are going to be doing here in Connecticut. I was wondering if anyone here has used someone they would...
Jordan Wong
Looking for Los Angeles Accountants
Hi all, looking for an accountant for tax advice for an single family home I’m going to list on AirBnB. I have specific questions regarding start up costs, depreciation, and how to deduct repairs.
Any suggestions and...
Jacob Riley
Seeking Bookkeeping & Accounting Advice
Good afternoon BP,
My partner and I purchased our first duplex in October 2021 and quit claimed it to an Ohio LLC. We are in the process of completing our taxes and our tax agent is requesting a lot of data and is es...
Chris Bluem
Your Porter VRBO “account blocked”
Hi!My Your Porter got disconnected from my VRBO account recently, and now when I go to add it back, it tells me my VRBO “account is locked”.But I can sign into VRBO, I changed my password, and still no luck.YP said th...
Aaron Vargas
Accounting software for starting out
What suggestions do you have for good accounting software starting out for keeping the books on investment properties? I would only have one small investment property (6-10 units) for now. I love a good spreadsheet an...
Jessie Xu
Bank accounts without an LLC
I'm currently mixing rental transactions with my living expense in the same account. I really should stop doing that, but I'm not in a plan to set up an LLC. How should I properly set up my accounts?Should I just open...