I have to use the entire security deposit to cover lost rent.  The invoice for rent is created.  If I just issue a credit memo how do I DR the balance in the tenant security deposit?  I don"t want to create an "item" ...

Looking for guidance/confirmation on a workaround to billable expenses in QBO 2022 without upgrading to Plus or Advance. We have water, sewer, and trash that remain in our names (required by municipality) then we bill...

I'm looking to get into the real estate investing world soon. As a young man I think house hacking a duplex or triplex would fit me perfect and my plans going forward. I will be investing in Philadelphia and the surro...

My husband and I have been on a long journey to go from a negative 850k in debt after I graduated Graduate School to 10 years later having about +500k in retirement investments + last year added long term rental prope...

Hey guys, just curious what software or services you guys are using and how does it make your lives easier? I'm trying to better understand whats already out there to help your passive incomes stay passive. As I work ...

What is the best way to set up rental income and security deposit account? I need to transfer rent money into my personal account as well to pay bills. Should I use the same bank or a different bank?. I just don't wan...

I am potentially closing on a property soon, and I am looking into which bank offers the best service for rental income. I came across BaseLane, does anyone use this bank? Based on their website, it seems automated, h...

I purchased a home with cash last month. I did a little clean up and now renting it out. I'm generating a nice monthly profit after all insurance, fees, taxes, upkeep, etc. I'd like to save this profit and put it ...

I switched from QB online to desktop because I could not justify the pricing any more. I am running into a few issues.I have two tenants who pay rent three months at a time. I am stuck on how to apply the existing cre...

Hello,
I am in Massachusetts and I am in the process of closing a duplex with tenants in each unit. I would like to know what is the best way to structure the finances for the properties. These properties are going t...