Vikram C.
Create your own accounting software?
My rehabbing and flipping business is really quite easy to manage in terms of book-keeping. It does not send invoices, do payroll, etc. We have income, expenses, assets and liabilities. These can be categorized for...
Gamal R.
Trust account for property management
Im planning on oppening up a PM business in Florida. I have been learning up on the subject. I know I need a trust account for the rent I collect but How and where do I open one?
:oops:
George Moehlenhoff
Meeting with an Accountant Tomorrow
Basic point of the meeting is what my best route to go to protect myself once I start rehabbing. LLC, S Corp, etc etc...
Any reccomendations on questions I should ask?
Sam M.
Did someone hijack my account?
I looked at my profile today and found someone elses company info listed as my company. I don't know how it happened. I left it the way it was and sent a message to Josh to see if he can figure it out. (confused)
Robert Mayo
REIT accounting - COGS and margin
Hi. I'm trying to compare some of the private deals mentioned here with public REITs.
Looking up the income statements for Equity Residential (trades as EQR) I find a line for cost-of-goods-sold. What is this for...
Tony Thompson
Checking Account for Owner Occupancy?
I will be getting a duplex and owner occupy it and rent the other unit.
Simple question:
Do I open a checking account to dump rents and deposit into? Will I be using this account for expenses and debt service as ...
Mike D.
For the accountants out there
As someone who is about to graduate college with a degree in accounting, what path would you suggest taking with the end goal of owning/managing a real estate investment company?
One option is starting at a cpa firm ...
Will Barnard
Pro Account Members Future Benefits
After meeting with Josh in person today, we discussed a few ideas I had about the site. One of which was to have some added benefits and organization with your colleagues.
I suggested that we have the ability to cre...
Kevin Gardenhire
Accounting for non-owner investment
Hi Guys,New here to the forum. Hoping to learn a few new things. I have a company that manages real estate and also flips homes. I have a client that wants me to take control of their real estate investing. Basically ...
Marc Gallegos
When to hire an Accountant?
2015 was my first year as a grownup... Would love some help/ advice here. Heres the timeline!Jan 2015 bought first rental property on an interest only note. Graduated college May 2015. July 2015 Finished 5k in renovat...