Is anyone using the software YNAB (You Need a Budget) to operate their rental business? We currently use Quickbooks, but it lacks the budgeting portion that I am finding more and more critical to mapping out our cashf...

I have created a LLC for holding a piece of rental real estate in Florida. I want to make sure I take the proper steps to keep my LLC as a separate entity then myself, what should I do other then the steps I have list...

My first post so please go easy on me!I'd love to get some views on this concept, as I think I'm missing something obvious?1. Someone goes to a realtors website (but doesn't make contact or supply any details even tho...

Hi there, While finalizing my 2018 taxes, I found an error on my 2017 Schedule E, Depreciation calcs.In 2016, my accountant used the straight line depreciation method for "Appliances".  The following year, I used the ...

Hey guys I would like to ask you what kind of app is recommended to manage the property by your self including screening , payments , messages and everything basically I don’t live at the state of my properties so I h...

Hello, pretty self-explanatory question but I'll flesh it out a bit. I've been reading the bigger-pockets tax strategies book and it got me thinking...I currently do not have any properties or any entities. However, I...

Hey BP!What's your process currently to handle maintenance request from your tenant?Specific software system? Strictly email or phone call or a combination of both?I'm looking for recommendations that would work for a...

Hi Everyone,

I just closed on my first SFR and already have it rented out. As I continue to expand with additional purchases in the next year, I am curious about what your opinion is on the formation of an LLC.

The...

I'm applying for various Leasing Administrator and Assistant Property Manager roles, although it's a slight career switch from my normal day job as an executive assistant. (I also have experience as a sales manager an...

Hi BP,How do you create a paper trail for tax purposes when buying things (secondhand appliances, supplies, etc) off of sites like Craigslist where sellers usually require being paid in cash? Is a simple signed hand r...