Scenario: We acquired an SFR in the Southern California mountains in 2021. Over the past 15 months we've been doing major renovations. Work is basically complete. First STR guest has booked for the last week of 2022...
I am looking for opinions on property management software. Here is my situation. I have a 48 unit managed by a property manager. The manager provides me with a spread sheet of expenses and income each month. I sel...
Hi! Have any of you used any 3D or 2D construction/architecture/room planning software that you could recommend? The kind that comes with a lot of assets and allows you to create imagery of planned renovations or ne...
I have owned my rental property for 22 years and recently sold it. I'm doing my taxes and realize that I need to calculate my depreciation over those 22 years. However I don't have my tax records that go back that fa...
I'm both a Quicken user (need to upgrade soon) and a Quickbooks user.We recently purchased our first cash flowing property. If I were putting in an LLC, no question, I would use Quickbooks. But since we currently own ...
My wife and I are just about to close on our first rental property. It is a mixed use unit with 1 commercial and 4 residential properties. To start, my wife is going to do the daily property management duties and I o...
Does anyone know a software/website that offers a paid version of a nationwide screener?see the over the counter county inventory with a photo and some info about the parcel....
Hello real estate peopleI have a situation where this year i have to pay to the IRS on taxes..Situationmy AGI income is 160k....work In IT for a big corporationi have 9 houses, i maxed out the deductions...repairs, su...
I need accounting advice. I apologize in advance for the wordy post, but would appreciate if anyone has good ideas.
I recently started using Rentec Direct (property management software). It tracks income and expenses...
Hi everyone, first time posting here. I could use your help with the following two questions - How do I enter depreciation on my taxes if my property was used as a rental, then my personal residence, then rented out a...