We currently use QuickBooks Pro 2016 for our real estate investment business. We use it for our rental properties as well as for our buy and hold properties. We are starting to have some database issues with the softw...
When you are intentionally driving for dollars what tools do you use to track where to drive and where you have already driven.I have been using Google maps print outs and drawing on the to indicate what streets I hav...
Hello Biggerpockets colleagues,I am at a crossroad. As my real estate portfolio has grown over the years both in terms of the number, types and location of the properties, including across states, I have continued to ...
Hi BP - my partner and I have a LLC set up. Our attorney and CPA said that we will have to file for taxes as a partnership but I have been reading up that taxes are pass through? We are a 50-50 partnership with the op...
Last night I set up an S-Corp and obtained a tax ID, with our goal being primarily flipping and short term investing.
But what about securing a company/business name to use? Was the name I entered in the S-C...
How do forum members handle renters who stop paying rent? Do you evict right away? Do you submit their delinquent rent to the credit bureaus and hit their credit score? Do you offer a write off for keys? Do you try to...
What is the best accounting software for flipping business? Are there options for a software in your computer, not in the cloud? Or may be a flipper does not need an accounting software, then what is the best way to p...
Because of the long arm of the California Franchise Tax Board and what they consider doing business in California, my LLC will be deemed to be doing business in California, since I'm managing the LLC from California, ...
I recently joined BP after completing my Texas real estate license. We have done several rehabs and have owned one rental. Last year we took a break from real estate investment to learn more about the real estate fiel...
Hello all. I used the BP search function and there's a lot of great info on the topic buy I'm left with a few questions if somebody can answer. 1. When buying the 2nd lien, can you contact the senior lien right away f...