As hurricane season peaks and wildfire risks rise, ensure you're prepared:
1. Protect Documents: Store originals safely and keep digital backups.
2. Document Valuables: Maintain detailed inventories with photos....
Hi! Hoping you all might have some advice for a first time RE investor. I own one rental, but my main income is from a W2, and I'm not quite sure what type of tax professional I should be reaching out to ahead of tax ...
Should you hire a bookkeeper and a CPA separately or look for a one-stop provider?
Neither approach is inherently better than the other. Both have pros and cons. Some considerations:
- The least expensive route is t...
I was hoping I could get some direction from an accountant or someone with tax preparation knowledge. I am working on completing my 1098 interest forms. I have a situation where I have two borrowers (an individual and...
Hello Everyone, I hope everyone is having a Merry Christmas! I'll give a bit of back story before posing my question in order to get the best response to my situation. I have been doing all of our bookkeeping for our ...
Hi everyone,
I purchased my first rental property in June 2023, and it took until December to prepare it for tenants. I posted the listing on December 12, and my first tenant moved in on December 26th.
As I’m filing...
I'm looking purchase a small (<20 unit) multifamily property and I plan to purchase with other investors as part of a joint venture. Â I need some guidance on the following:1)is there any accounting software for pro...
I'd appreciate any advice on how to proceed on a matter that our previous PM is taking us to small claims court for. We own a rental property in Colorado and our previous PM is taking us to small claims court for 10%...
I have no office, no PO box, no second address, would it be a bad idea to put my home address as the return address? Â I live in an apartment building, and id prefer NOT to give out that information on the post cards b...
I currently do my own bookkeeping and taxes (for five rentals) and am generally comfortable doing so. However, what I need from time to time are answers to tax related questions that come up. I currently have an att...