Hello everyone, looking for some help with something. I'm just starting out investing & I've got a few properties now. I'm looking at the best ways to do book keeping and stay organized. My main concern is obvious...

I tried searching the forums for this topic and could not find one, so apologies if this has been asked before and I did not see it....

I have a tenant who wants to pay for an energy audit (Includes installat...

I have a quick question on tax deductions. Today I was at my Business Finance Course and we were talking about TAXES; my professor who shall remain nameless mentioned that "only ~1% of all taxes filed are ever audited...

I'm curious what recourse a tenant would have to make sure they aren't getting screwed over by their buildings RUBS. Based on the way the property manager described the way they bill, it is a blanket and arbitrary sys...

I made "mistake"? on prior 1040 by listing my business expenses on Schedule C. (Makes sense, business deductions on Schedule C.)

Now I'm told I should do it on Schedule A so I filed amended return with deductions -- ...

Hello everybody!I use a regular Excel spreadsheet for our rental property expenses. Is it IRS' requirement to switch to quickbooks now?Thanks!

Hello BP community,My partner and I are currently under contract on a small apartment complex, and have received all DD documents requested save one: bank/deposit statements. Have Historic P&L, fully executed leas...

I know there are state programs that offer financial incentives (rebates) to upgrade heating/cooling systems. Anyone ever do this and if so was it worthwhile for their investment property? Would like to hear some ...

Hello BP,So I'm a few flips into a business endeavor here and have come to the point where it is really time to get organized.  One of the issues I'm having trouble with is the accounting aspect.  All of the accountin...

Hey all. This year i got a dreaded letter from the irs asking to provide more information on my rental property. In own a 2 family with 3 rooms each. I live in one of the two apartments in 1 of the 3 units. The other ...