What do you do for book keeping for your first rentals?

Hi,

I was wondering if anyone, @Steve Hamilton , has a definitive answer on what is allowable for expenses within a SDIRA, as far as 'misc personal expenses' goes.

It is my understanding that even thou...

I have been looking for an accountant that really understands real estate investing for some time.I have one of the most expensive accountants in the Miami area but I don't feelthat this company recommended by my wife...

I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...

I've been doing my own tax returns for over 20 years. Last year in addition to my regular real estate transactions as a real estate agent, I bought and flipped a SFR. Normally, I use turbotax business and have found t...

Hey all,Question here, obviously i will follow up with a tax attorney but wanted some preliminary info.Due to current mortgage rates I am exploring ways of getting creative.  I have the opportunity of a parent who has...

More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...

I'm just curious what others do to track their rental / business expenses, like their SOP. I'm tying to develop a best practice.
For instance, this is what I do:
1. Create a google business email / drive and create ...

Hello BP!What software have you seen helpful for tracking income and expenses for record keeping?Thanks!

Hello my fellow Canadian investor,My name is Nick and I am new to real estate investing. My wife and I just purchased our first triplex. I am looking for advise on Property management software or applications. What ar...