Hello BP!Today I was curious about paying contractors. I have a contractor that is doing some financial analysis work for us right now and since we will be paying him every 2 weeks, I wanted to know what you thought t...
Hi, everyone,I am new to real estate investing and plan to start investing this year. I have been reading many books (and posts in this forum) and trying to build a system for investing. Before posting my questions, ...
Does anyone have a good checklist of items that can be included in the accelerated depreciation method? I.e. fans, furniture, etc, etc,. What are the depreciation rates for each?What are the amounts for each that you ...
I am planning to purchase a small business in Texas. The current owner holds the real estate in an LLC, separate from the operating company.
I would like to make parallel calculations regarding P&L and cash flow ...
I have a new(ish) commercial loan on a mini storage facility. I saw in my loan docs that I'm supposed to submit quarterly financial reports to them.Can someone help me figure out how to structure my report or what the...
Hey guys, what are the proper way to do distributions?Lets say I have 5 rentals, the money comes to my property management company, then property management company does a distribution to me... 1) Should I do it via c...
I feel that my old fashioned way of tracking expenses needs to come to an end. I just put things in a spreadsheet and hand it over to my accountant.
However, I don't track a lot of things, like deposits that I get...
For those of you are self employed or small business owners / self-employed. Do you1) Primarily work out of your home office without having to pay rent.2) Rent an office space near your primary residence3) Own the off...
Hello All! I’m closing on my first rental property 4plex that I will be house hacking living in one of the units. For the rental income and to keep everything separate. The property will be in my personal name. Shoul...