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Results (607)
Forrest Soule Do I need a separate bank account? 1st Time Landlord, Owner Occupy
21 April 2023 | 11 replies

Recent purchaser of a duplex I will be owner occupying. I plan on doing a lot of renovations as well. Should I set up a separate bank account for rent collection and renovation expenses? Is this typical? Thanks!!!

Mel Jeffrey As a new real estate investor I was wondering what is the best way to setup my RE Investment books?
8 July 2012 | 6 replies

As a new real estate investor I was wondering what is the best way to setup my RE Investment books?

Enrica Binion CPAs and bookkeeping
4 October 2022 | 7 replies

Hi, does anyone have a CPA/bookkeepers who specialize in REI that they really like in DFW? 

Hogan Underhill Organizing My Forms and Documents on a Rental
7 December 2023 | 4 replies

I just bought a house  and turned it into a rental. I created an LLC for this property. My biggest confusion with real estate is knowing what documents I need to file and being organized with my property. I feel like ...

Hunter Harms Checklist for accounting and legal affairs to have in order?
22 January 2018 | 5 replies

Whats up BP!To begin, I am a soon to be real estate investor with enough of a nest egg to begin my first deal here shortly. I have been obsessing lately over books, podcasts, webinars, etc and am starting to put the p...

Denny Cash Tracking Categorical Expenses
3 October 2021 | 4 replies

Hey BP Fam. This is my first year as a landlord. I have grown to having three single family properties and one duplex. As I have grown, I have learned (continually learning) more on how to structure my finances to ens...

Kyle Ross BOOK KEEPING! Best Practice!
16 May 2022 | 9 replies

HEY GUYS AND GALS!
First off check out my about me to see what I'm up to. 
I'm very thorough about research and cant find anything decent about BOOK KEEPING. 
So far I have found Rentastic (program) (vs QuickBooks)...

Mary Jay What account do you use to pay your mortgages on your rentals to avoid comingling ?
16 June 2023 | 8 replies

Hi guys,
Ive been trying to figure out how to pay mortgages on my rentals to make sure there is no co-mingling of 2 different LLC's funds or my personal funds with those LLC funds.
So lets say you have a house that ...

Steve Dunford Should I work with a CPA for short term and long term rentals?
5 December 2019 | 3 replies

Should I work with a CPA for short term and long term rentals? I am currently managing both myself and feel I am missing out on tax advantages or throwing money away. Does a good CPA help someone with single family re...

Account Closed Do I need a CPA? ANSWER INSIDE
16 February 2024 | 15 replies

As your income and real estate portfolio grow, reaching the $150,000 marks in my opinion the beginning of your financial journey into real estate. It's at this juncture where you likely have around 20-40k saved up, an...