Hey Biggerpockets crew!So I'm confused about how the action of writing off works. I know that I track my expenses for my business and I show it to my CPA, but how do I know if the write off is working?Also what do you...
How do I know if a syndication is legit or a scam? I haven't done one before and met someone through a forum similar to Bigger Pockets that seems legit but at the same time a little too good to be true. I'm not sure h...
So this might be a complicated question but those know their accounting / bookkeeping well, should know this… I’m getting conflicting answers between my accountant and bookkeeper. The problem is convincing my VA boo...
I'm starting a rehab project. I was wondering what you guys use to keep track and mand cost of equipment, materials and labor.
I'm debating whether I should use a good old-fashioned excel spreadsheet or if there's an...
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 ...
What are some software and apps that you guys have found helpful to manage your business(s)?Here are the few software/apps I currently use every single day.
-G Suite: Sales & Operations Management
-QuickBooks On...
Hi BP community, I am trying to implement Profit First method, which suggests to open multiple accounts; tax account, operating cost account, profit account etc. I cannot find a bank that allows opening multiple check...
Building a Successful Multifamily Syndication Team: Essential Skills and RolesMultifamily syndication is a powerful investment strategy that allows investors to pool their resources and acquire larger, more profitable...
Good Morning:A friend of mine has been presented with purchasing LP interests in a variety of Commercial Real Estate projects.In order to do proper/thorough due diligence - what documents/information are needed to beg...
Question about refinancing a syndicated deal.Goal: I want to start syndicating self storage facilities. The long-term goal is to refinance the syndicated deals around the 5 year mark to pay back the principal invested...