Hi ,I have 4 properties. Each property is under one LLC (Sorry I have to keep it under each LLC). I am the owner/Landlord/Property Manager. As I grow my portfolios, its getting tedious on accounting since quickbooks r...

I've recently setup an LLC to buy rental properties. When I contribute money to my LLC (not as a loan) to either buy real estate or deposit cash reserves into the LLC bank account, is this classified as income for the...

Hi All,  Was hoping to get some advice from experienced wholesalers on how to write up a contract for you end buyer.  I am currently looking at wholesaling a HUD home and would like the terms to be something like, $25...

I have used the RentRedi app for the last 9 months as a property owner, and I love it! Easy payments for my tenant and direct deposit is very efficient 

I recently bought my first investment property (single family) and am looking to find an automated method for my tenants to pay their rent and also for me to pay my mortgage. I've read that PayPal charges unless i...

Is a security deposit regarded as income for bookkeeping purposes? I'm using Excel spreadsheets for now to do my bookkeeping. How do I account for the security deposit without inflating the cashflow? How do I account ...

I have an LLC and it has its own business account and credit cards and everything. The business is not generating enough revenue to cover all of the expenses, so when a bill is due, I deposit cash and categorize it as...

I recently had a buyer back out of an assignment wholesale deal.  He gave me deposit check for $1000 made out to my Title Company.  Now that he has backed out and forfeited his deposit check, do I ask the Title Compan...

Can you actually use an Credit Card like an American Express that has no credit limit to purchase a property at closing for a 90 day Flip? I’m pretty sure you can’t?? Thanks