Hi many thanks for all the previous discussions on setting up QuickBooks for rehabbing, we poured through the advice and believe our setup and recording of expenditures are correct - now comes the fun part of recordin...

Hello Bigger Pockets Community!  My husband and I decided to do a cash out refinance to raise capital for additional investment properties.  Our preference is single family homes for long term rental purposes and we h...

Hello,
I'm reading Avery Carl's book "Short-Term Rental Long-Term Wealth" and she mentions setting up a designated business account and making housekeepers fill out a W9 and paying them through direct deposit or an o...

Hello,I have an out of state rental. I'm moving all business/rental activities into an LLC. I would prefer to have the property management company make the rent deposits directly into an internet based business accoun...

I would love your current opinions on accounting software. It looks like Quickbooks is king, yet the monthly fees are off-putting to me. I'd rather pay once. Does anyone have an accounting software that they prefer? O...

Anyone in here receive payments from their tenants this way?As I understand it, if they send it via the "friends and family" link (as in NOT "goods and services"), it's free  Is there a reason my tenants can't pay tha...

Has anyone used the Maintenance/Expenses Tracking options on Cozy.co, and had good/bad results?I've been using Cozy.co for a couple years exclusively for collecting rent. Now I'm looking for a better, more accountable...

Hi all, new to BiggerPockets, but enjoying all the great wisdom. I am just starting out in my REI journey and am looking for a qualified CPA that specializes in real estate. I live in SC (close to the NC border) and w...

Hello everyone,

We are running into issues where the bank we use for our business checking is not in the town where our investment properties are. We do have a bank there but there are limits for ACH transfers to our...

Just got under contract to purchase first investment property and need help getting finances set up any Recommendations? Preferably in South Chicagoland area!!!!