Hey everyone, I just bought QB and I am trying to get it set up for some properties. Also at the same time I would like to use it for the renters as well. Can it all be in one company file. Searching online I see s...
Hey there BP fam!I am wondering if anybody on here has any recommendations for a business credit card? We have a newer LLC and I have been using my personal credit card for business expenses and then paying through my...
I've always just collected checks on my SFR in the past and that has worked, but I could be closing on a triplex soon and I am worried collecting checks will turn into a headache. Does anyone have a system/app/program...
I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...
Hey All,Looking for a good Accountant in the St. Peters or St. Charles MO area. Preferably one who knows the ins-and-outs of Real Estate and Stock Investments and ways to save money. My current Accountant doesn't do...
I am selling a rental house I have owned since 2006. It has been a rental since 2012 and I was just notified the tenant will be moving out March 31.
So, I have a couple questions:
Should I talk to an accountant or h...
Newer Landlord - have done my own taxes historically and felt pretty confident in them. Not as much now with a rental property. I am HUGE on using people who are recommended (for just about anything). I don't like tak...
I recently purchased first rental property. In the future I plan to transfer into a business, but for now the property is under personal. I wanted to open a bank account strictly for tracking my rental. Any suggestion...
Book keeping question - how would I record full rental income if I don't actually receive money from the property manager?
For example - For January I receive $1000 of rental income and incur $1100 for misc expenses ...
Howdy,I've searched both here, on google and youtube - but I'm seeing so many different takes and just getting more and more confused. This website and the users here are often the best resource in the industry so I f...