Mayer M.
Buildium for accounting too?
Hey all!So I just signed up for Buildium and wanted to hear feedback about using their platform for accounting. Currently I run QuickBooks, but their claim is there’s no need for QB as their accounting and reporting i...
Steven Atkins
New builds in the suburbs
Morning BP'ersFirst post here. I've been patiently saving and researching for about 6 months and I'm getting a little "analysis paralysis". I grew up and currently reside in Dallas proper and work in McKinney and it s...
Joe Szymczyk
TAX Time...Deductions needed to get income down
Hello real estate peopleI have a situation where this year i have to pay to the IRS on taxes..Situationmy AGI income is 160k....work In IT for a big corporationi have 9 houses, i maxed out the deductions...repairs, su...
Chris Gallick
How much $ can I expect after claiming renovations?
Hello BP! I'm seeking input from a CPA or tax professional that might be able to help me regarding claiming expenses on an investment property. I'd like to know how much I can expect to receive back from taxes after c...
Shane Johnson
Now own 2 houses - doing taxes myself I think... need help
I bought my second house this year at the end of July. I rent my first house out to my mother. I could use guidance on maximizing my tax return. Can someone please advise me on how I should be claiming (and on what fo...
Mary Ciccarelli
System to record properties
I’m looking for a way to document all basic and financial details of each deal we purchase (downpayment, how we funded it, lenders used, mortgage, interest rate, rent, cash flow, when it was purchased, partners includ...
Andrew Chen
New to the forums from Millbrae and Palo Alto, CA
Howdy!I’ve been following the BP blog and podcasts for a while but this is my first forum post - excited to meet everyone! I’m a relatively new investor currently living in Millbrae, CA. Been in the Bay Area ~7 years....
Andrew Freed
How do you track your expenses? Looking for best practices
I'm just curious what others do to track their rental / business expenses, like their SOP. I'm tying to develop a best practice.
For instance, this is what I do:
1. Create a google business email / drive and create ...
Mandy Klein
probate
There are thousands of probate records I can search at my county. A very old school database. Does anyone have any ideas on how to easily identify if a private case has real estate attached to it without opening eve...
Kyle Grimm
Advice: I HATE BOOKWORK! who can I hire?
I am realizing my strength lies on the opposite side of the spectrum from bookkeeping. I currently use Buildium for my management of 7 units and plan to keep growing. I work a full time job and just don't want to de...