ALL - I am one man band with a consulting arm primarily working with family offices. In the past, the family offices have been underwriting and valuing assets with Excel; something I am well versed in and have access ...
I'm interested in hearing how some of you are using quickbooks to manage rental properties. What's the best way to set it up?
Thanks,
Just bought a two flat (6 bed, 3 ba) in Chicago's Hermosa neighborhood. PITI is $2350 (FHA on a 380k house)
Wife and I will live in the 2nd floor unit and plan to rent out the 1st floor for $1500 a month. After expen...
Has anyone tried ProjectionLab? I saw it shared in one of the FI sub Reddits a few weeks ago, and I've been using it ever since. Gotta admit, I'm pretty impressed.
It's not specifically for real estate investing or a...
Hi Team,I was wondering what / how everyone manages their rentals and money in/ out. Do you use quickbooks? Is there another software? I want to start right now as we are in the process of adding several units. N...
Hello,My name is Ivan, I'm 26 years old, started working full-time straight out of college. I'm a Software Engineer and I have a pretty good job where I make good money, but with a big paycheck there are also big expe...
Hello I'm a male 19 years old. Long story short I dropped my college classes due to lack of funds and lack of motivation. I have $700 to my name and growing (I'm a freelance software developer). From create computer s...
I'm going in circles trying to figure out where I report my K1, Box 10, Net Section 1231 Gain on my personal return. Partner instructions say I report it on form 4797, except that is where the number came from in the ...
We have a short sale we are working & we are getting close to an acceptance. Now BofA is telling us we have to upload the file on reotrans.com. Anyone had to do this? My concern is that it will go on reotrans &...
Dear lenders, I put too much down payment on my multi unit as a buy-and-hold. I am receiving cash flow from this and needless to count on depreciation I am totally capable of cash out refi. However, according to my le...