What software do you recommend to RE owners/business accounting for rental property passive income and flip accounting. I heard that Quick Books is great?

I have several open units in lower-income areas. There is a good deal of interest in these units. I've passed out several applications and even collected application fees, but it seems that the email exchange proce...

Howdy, If anyone has invested with funds from a self vested IRA and funds from outside an IRA - for instance, 50/50, how do you manage online purchases and split between the two?For example. A STR purchased property a...

Hello BP community,I am new to investing and have many questions but the one I am currently wrestling with is the fact that I want to understand figuring cash flow.  I have read some books, blog posts, and am just cur...

I'm trying to automate and streamline my application process. Currently I'm posting my available units online through apps like Zillow and social media like Facebook. Driving traffic isn't my problem. The problem is...

Hi everyone, just wondering what your experiences are on receiving 1099k form from using a property management software to receive online rent payment. I am thinking to switch to online rent collection from receiving ...

Hello, I am hoping a CPA in the group can help me understand this as we are gearing up for taxes and I need some advice so I can make an informed decision. Our LLC files as a S-Corp. Normally if the business is profit...

I have 22 units, 3 multi-units and 8 condos that I own personally (no other investors). I have so far been managing accounting wise with a combination of mint.com, excel, and turbotax. I would say my biggest weakness ...

I have rental income that is being deposited to my personal bank account. After establishing legal entities, I have created a business bank account and planning to divert all my rental income to new business account ...

Hi guys! Wondering what software/systems you guys use to track income and overall financial health on your portfolios. All of our different properties are in LLC's with the income & expenses attached to a bank acc...