Ryan S.
How do I setup Quickbooks for flipping houses?
I have looked for along time online for good information about how to set up my quickbooks but can not find any good info.This software is not as easy as I thought it would be, thought it would be plug and play.
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Blake Edwards
How do you keep track of your utility bills?
Those of you who self manage multiple properties, do you use a simple spreadsheet to keep track of all the utility bills? Or Quickbooks, or something else?
Angela Holmes
Diary of a leasing agent " Are the Monkeys running the Asylum ?"
Some of you may remember me, I posted a few months ago about having a cash windfall from a relative and wanting to invest in multi family but I lacked experience. As a Graphic designer and product analyst in Silicon V...
Jack B.
Account I hired seems incompetent to me...
I hired a chartered accountant three weeks ago to help me with my taxes due to a 1031 exchange. The taxes were supposed to be done three weeks ago. I had to point out to him that the settlement statements would be nee...
Andy Bondhus
It's tax time, I need some advice...
I found a new accountant to help with this year's taxes and unfortunately he doesn't appear to know a whole lot about rental property taxes. I picked up our completed taxes yesterday and fortunately I know enough abo...
Kalene Smith
Ongoing Rental Expenses
I have 3 rental properties and am looking to continue building my portfolio. I have had these for 5 years with no system to manage and track ongoing rental expenses.
For example, one of my tenants feels everything i...
Wesley Kuo
Do you give receipt/confirmation for rent received?
Greetings BP family!I want to know how many landlords here give receipt or confirmation of any form to acknowledge rent received from tenants? From my perspective, it can be used to:1. make tax reporting easier2. reso...
William Ring
At what point does it become too hard to do your own taxes?
A bit of background, I did my taxes myself for the first time last year. It was the first time I had a salary job and/or sold some stocks, and my dad had previously done them for me while I was looking over his should...
Tami R.
Capital Gains, etc...
I have two questions...I read somewhere that you pay taxes when you do a flip but not Capital Gains tax if your intention was to flip... can someone explain? Here's somethings we are looking at.... we have held a hou...
John Gillick
Where are all the aggressive accountants?
I have had a lot of accountants, some good, some bad, but none of them will do anything but paperwork.
I'm ready for an aggressive accountant.
Where are the accountants that are going to tell me how to write off...