We pay a monthly subscription for an online booking platform for our private bookings/payments. Would this be categorized as COGS or Advertising Expense?
Hi everyone,Looking for a bank that will allow me to open an escrow account for my tenant’s security deposit entirely online.Does anyone have any recommendations for this?Thanks in advance!
Hey BP, I have been looking at a couple online savings accounts to park some money in. Ally savings rate is 0.60% if I am correct. I also saw Chime.com but didn't know how reliable it was. It's APY is 1.00% and it als...
Dear all,Looking for quick guidance on how to structure Chart of Accounts in QuickBooks Online (QBO) specifically for managing rental properties. I have just started and managing my rental investment using QBO. Gettin...
This a recurring question I get all the time from clients and other investors about the security and last month's deposits. This is a free platform by Leader Bank that expedites this and automates the process. Landlor...
What online savings account is everyone using? I have been using Marcus by Goldman Sachs for a couple of years now and have been happy with it, but have recently started to wonder if other online banks offer better r...
Has anyone used a bank with an online escrow account for security deposits?
Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
One of the most boring tasks, when I get a new tenant, is to go physically to the bank, wait an hour or two to open a new escrow account.Does anyone know how I can open the escrow accounts for tenants online without g...
Im on my 7th Subject To deal and came across an issue. In my previous deals i required sellers to change the username and allow me to reset the security questions/password for their online account access for their mor...