Good Morning Everyone,What is the best accounting software option out there for a realtor to capture expenses/earnings and to do taxes?
Hi BP,I recently acquired my first property, which is a house in Hawaii where I'm renting a portion of it to a tenant. As the tax season is coming up, I'm starting to think if it's worthwhile to hire a tax planner (mo...
So I am trying to think ahead here. I will be making my first purchase as hopefully a house hack next summer. I was looking for opinions on whether or not I should find and talk to a rei CPA and lawyer as the new year...
Hey all,Getting ready to do my first larger multifamily walk-through (170 units). I will have contracts, my mentor, some investors, etc with me so plenty of eyes on this place. But I have never done a multifamily walk...
For those who self manage their properties, how are you keeping track of the dates of your properties’ CapEx projects (ex. roof replacement), minor repairs that you’ve had completed, and planned repairs for next time ...
My broker just called me and said that she wants to start a property management company and wants me to manage the day to day operations of that part of the company, I have never managed a large amount of houses so I ...
Closed and moved into my first property at the end of September. Started renting out rooms shortly after. Would it be worth hiring a CPA to do my RE taxes for the 3 months? I understand, for the most part, how to fill...
Hello BP! We are half way through the year and I am interested to hear how your goal to have clean & insightful bookkeeping is coming? If you're having success, what strategies are you deploying? What software are...
So I have created a DBA and signing up for a Chase Business Checking Account to organize money flow and make filing taxes easier. My question now, if there was an expense/repair that I need to pay, should I use my per...
We are closing on a property on Pigeon Forge, TN which will be used as a short term rental. The total use of property will be for <7 days on average, however we will not be providing substantial services to the gue...