What is everyone using to track their rental expenses, income, etc? I have 2 duplexes and am getting everything ready for tax season. I found an excel spreadsheet on the interwebs that I thought would work ok, but i...
I'm partial to physical systems despite growth and the need for more cloud based systems. I'm curious what physical systems/set ups everyone uses for note investing and WHY?
Hi BP,
I am an out of state investor and looking for a tax accountant to provide some advice on how to structure my operations and file my taxes next year. How important is it for your CPA to be local to your propert...
I have a question for you tax gurus out there. Obviously with the real estate market being hot, it is/was a good time to sell some rentals acquired during the market downturn.**My Situation**I sold some a large quanti...
My question is about marketing / branding of our company. My husband and I are primarily buy and hold real estate investors and currently have 30+ units. They are separated into 3 separate LLC's for asset protection...
So I have 3 properties under my name. My primary residence and two investment homes. The two investment homes are worth around $350k and 250k. Is it recommended to get an LLC for two properties?
What is the average c...
Hi All,I've got a multi-family property in Fayetteville, NC with an inherited tenant who is a nightmare to deal with. The tenant is breaking the lease in multiple places. One of such violations is they keep dropping r...
Would like to hear from my fellow investors who have invested in notes on how they have structured their LLC/S-corp. Please see that i am not looking at any tax advice or anything but am curious to know what was the t...
Hello BP!I am following a foreclosure where the auction was delayed due to bankruptcy filings. Because I do not have the cash available to buy at auction, I'm hoping this is an opportunity to contact the current owne...
What is the best accounting software for tracking multiple properties? Is it worth investing in something beyond QuickBooks?