How do you know if IRS tags you as a dealer. Every information out there is only talking about the differences between a dealer and investor. No one is really talking about the actual process. How do you know your cur...
My rehabbing and flipping business is really quite easy to manage in terms of book-keeping. It does not send invoices, do payroll, etc. We have income, expenses, assets and liabilities. These can be categorized for...
Hi All,I'm new to the site, but have been reading some posts through the app for a few weeks. Good stuff!Does anyone know of a good software that can forecast for retirement planning? I know of a specific program av...
What are all the best ways to price a commercial property correctly before listing it for sale?
Asset Managers of BiggerPockets!
What are some of your biggest takeaways for managing your properties well? It's super attractive to discuss how to acquire a deal and raise capital, yet the management of those pro...
Greetings BP,So, I just set up a lease for my home. Single Family. Tenant will be moving in next saturday 28th. Now, I set it up under my name, but can I change over to a business later?Also, I've bought a second home...
I purchased 3 multi family buildings in the in the last 12 months. Im looking for a recommendation for someone in Kansas City Mo area to do a few cost segregation studies.My other question is does the person need to...
I have recently read Landlording on Auto-pilot by Mike Butler. A good book for tips on systems, etc. However, some of the book is a little outdated. I'm trying to decide whether to begin property managing on my own...
How do you generally go about calculating the portfolios Net Asset Value and each investors nav? Do you do it manually on a spread sheet? Are there any software options you would recommend?
How do you categorize your earnest money payment (and eventually the rest of the down payment) in accounting software (like Wave or Quickbooks) when purchasing a rental?I know the down payment isn't tax deductible, bu...