My name is UGG and I live in the stone age. I do all of my rental transactions and accounting with paper and pencil on columnar sheets. I pay all expenses out of a checkbook with each property having a separate accou...
I learned some formulas on this site. Like what percentages to estimate for repairs and cap expenditures etc. I have 1 business checking account and 1 savings account for my 4 family building. I keep the tenants de...
Yesterday I was cleaning out my office and I realized that I hold the only key to my business accounting and operations. I started wondering how my wife or someone else would figure out my investments in the event I ...
BP family, I'm looking for some help. I just closed on my first deal; an 8-unit mixed-use and I need to know the quickest way to set up online payment methods for my tenants. I don't have a business account set up wit...
I have several buy & hold properties. I am not a professional in any real estate area, learning as I go. I have enough properties that I need to become more organized on records keeping and overall management. I s...
Hello Everyone,I just purchased my first 5-bed, 3-bath house using my FHA loan, and I am planning to rent out the rest of the rooms. I would like to keep house purchases like fridge, washer, dryer, etc. separate from ...
Thank you guys for sharing your knowledge and experience. Can somebody please point me to investor friendly tax preparer or CPA in Louisiana (Lafayette or Baton Rough) for service. I would appreciate any feedback. Tha...
OK folks, I'm going to start my L.L.C. in a week or two. I am doing it through the state of Colorado website, since it is only 50 bucks! I want to make sure that I have copies of all of the appropriate records after...
I only own 2 units thus far. However I plan on purchasing more. I'm a travel nurse and my family helps out as needed. I don't want them collecting rent and then driving both checks to the credit union to pay. Any ...
Donating appreciated securities to a charitable organization can be a smart way to give, both for you and the charity. When you donate appreciated securities that you have held for more than one year, you can avoid pa...