I am going from one property to three this month which I expect to get a little more difficult when it comes to following the money.  So, I was wondering how other are keeping track of their banking finances.  I have ...

I'm buying three rentals in wetaskiwin, I just realized i should look into incorporating or LLP's. after this I will have a total of 4 properties and 5 doors. I was curious on what might be the best methold of structu...

Hey all,I got into short term rentals about 9 months ago and have just been collecting all of the income direct into a savings account which I have not touched. I recently purchased a second property and am looking to...

Hello PB again!I'm using my 401K former employer early distribution for my REI this year (May-Jun timeframe).  I have never done this type of transaction before and need advice how to do it.  How much time will take f...

I searched previous forums but could not find the answer I was looking. Does anyone know of a book or website that shows how to set up quickbooks for a RE investor? Amazon only had a few and the descriptions and rev...

I have been doing a lot of research lately on accounting. I plan to open a separate set of bank accounts for my investment properties (I currently have none): one checking for operational expenses, one savings for ten...

I am wanting to get a good idea of my TRUE vacancy rate including time lost to rehab etc...
My accountant suggested creating two line items to book both a lost revenue income and an offsetting lost revenue expense f...

Hi all, i have been lurking around bigger pockets for the last 6 months or so.  This site is very helpful, especially for wishful newbies like myself. I finally closed on my first investment property a few weeks ago. ...

I have had a lot of accountants, some good, some bad, but none of them will do anything but paperwork.  
I'm ready for an aggressive accountant.  
Where are the accountants that are going to tell me how to write off...

I am new to this forum and wanted some advice on my situation. I currently own 3 rental properties with two partners. Two properties are in their own LLCs and the 3rd property is an S-corporation. My current account...