Hi, I'm looking for assistance with getting my chart of accounts setup correctly in QuickBooks. I work much better with a real person then by reading instructions online. Can anyone recommend a local (inside the peri...
Hey all,
I will be closing on my first rental property soon (house hacking a triplex in Philadelphia, Pennsylvania) and am starting to think about organizing the finances of a few accounts, not only for accounting ea...
How does it work to have tenants deposit directly into your bank account? Do you just give them your account number? Isn't that dangerous? I've never heard of this and would like to understand the mechanics.
TIA
Trina
Hello BP community! My husband and I have been convinced of the wisdom of investing in real estate, but I'm wondering what to do in the meantime. We're actively networking and searching for deals, but of course this t...
I own a duplex, no LLC, for security deposit, I read online that for NC it needs to be in a trust acct or a bond for that amount? Can I not put it in a separate personal savings acct? Would that not suffice?
Hello all, long time reader, first time poster. just getting ready to sign on our first rental investment (YAY)... question for anyone who might have some info. We are also getting ready to start a small business as w...
I am using Avalara to manage my sales & use tax certificates, Licenses, Returns and remittance besides what Airbnb remits. They do an okay job but it still involves more work from me then I have time for. Anyone h...
I currently use no software. We have 12 units (six duplexes), and have been flying by the seat of our pants for two years. I know...not very smart. Things need to change. My question is this. With literally dozens of ...
How many options do you give your tenants for rent? Cash, check, mail?Does anyone offer on-line payments only?
Hi,I have a question for investors out there. Do you suggest renting a PO Box to collect your monthly rental checks? I will not be living in the building so I would like to avoid physically collecting these checks in ...