Hello fellow PB members,I'm seeking a personal accountant, preferably located near Bowie, MD. Referrals and volunteers welcome.Jay

Hello BP, My business partner and I recently closed on a deal and are in the final stages of getting it rented. We purchased this property as "individuals" and not apart of an LLC. We do have an LLC set up that we wan...

Hello everyone.  I am a small business owner and already have an accountant for past 25 yrs.  I am new to RE investment and starting out.  My question (probably more relevant to those in similar situation of being sma...

I have a savings and checking account for my llc, and each property, all under the same banking app. I also have a separate mortgage account for each property. When you add the accounting into all of this, it’s been q...

Hi there everyone was wondering if I should take a 3 month accounting course to gain knowledge or just hire an Professional CGA once a get into real estate investing? Is it worth it?

I have all my investment mortgages on auto pay with my personal checking account which I like because I have plenty of buffer and don't have to worry about shortages from vacancy loss etc. However I just purchased my ...

Most software (I use Buildium) comes with standard income/expense accounts. Are there any custom accounts or subcategories you would recommend for write-off purposes or just a general overview of a property at the end...

I sold a house, I made $40k after all expenses and whatnot. Not bad for a 3-week flip!!

I'm starting to REALLY track things with respect to gains on the sale of Fixed Assets.

I use Xero (thanks to BP podcast!) - wh...

I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...