Jeremy Dugal
Quickbook Tenant Payments When Management Fees Have Been Deducted
Hello. I will be using Quickbooks Desktop for my 2018 booking keeping on long term rental properties. I am learning how to use it and practicing and am having trouble with a specific scenario.I receive payments via ...
Tyler Bettencourt
Work Orders from Property Mgr
I am curious to hear your experiences that you have had when you PM's discuss maintenance issues with you. Specifically I recently had an AC replaced as my tenant said it was not heating the house well enough. My Pm s...
Hoang Nguen
W9 and 1099 form for contractors
Dear All,I have one rental house that is not in an LLC. Last year I remodeled this rental house. Total remodel costed about $164k. Do I need to have w9 from contractors and issue a 1099?ThanksHoang
Nilusha Jayasinghe
Tracking receipts for taxes with PM company
For property owners with out-of-state investments, is it necessary to keep all receipts and invoices for write-offs during tax season, even smaller jobs performed by the PM's handyman? I recently had our PM buy and in...
Wesley Pittman
Acceptable "Receipts" for Tax Audit Purposes
Hi,Right now I only own one investment property and find myself already spending more time than I would like cataloguing my monthly utility receipts for the property. I deduct these expenses and want to have proof of ...
Darrell Curtis
Hard Money Lender dispersing funds...
Has anyone ever dealt with a hard money lender in Texas who dispersed funds directly to the contractor without their knowledge or approval of the contractor's work?
Mary Jay
Fix and flip/construction loans
hi guys,I have saved a 20% downpayment a property but struggling to save the remaining 65K for fixing the property up.Example, the property cost 150K, I saved up 35k, but struggling to save up an additional 65K to do ...
Cliff H.
Contractors charging tax on payments to personal accounts?
Hey folks. Any one else dealing with smaller contractors requesting payment to payment systems like Venmo clearly linked to individual/personal accounts on invoices from their business (and requisite business taxes ad...
Caleb Benedict
Best CRM/Other Tools for Real Estate Wholesaling
Hello everyone,
I am a relatively new wholesaler and this month we are doing 5 deals hopefully more. And i am looking for a CRM system or any other useful tools to store buyers info, deals info, deals progress and in...
Breis Kami
Construction management software
I'm looking for recommendations for construction management software to help me manage my team more efficiently. I need a solution that can track time and expenses, manage contracts and invoices, and provide visibilit...