Hello All, I am looking for some advice or maybe assurance that the accountant I have been using for the last few years is actually correct with the questions I have been asking him. I reached out to my accountant reg...
Aloha!I am looking to purchase my first property (vacation rental investment property) using FHA financing for a condo in my neighborhood with my wife.Check out the report below and let me know your thoughts. Numbers ...
Hello BP community. I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...
Hello - has anyone been able to find an alternative to Stessa? I thought it was great at first and conceptually it is, but the Automatic downloads are nearly useless. I've had a problem with one credit card for a year...
Hi all,Wondering what bank you use for your business accounts, and what the fees are like. I went to open accounts with US Bank, which I already have some of my personal accounts with, but they have monthly charges fo...
Should I create a second bank account for my rental money to go into or should I just use my current bank account for all the money that's coming in ?
I wanted to start this off with asking everyone what list they use to plan for expenses on their rental investments. Basics like planning for taxes, insurance and destructive tenants are on every list but I am struggl...
Has anyone ever used Zibo before? I just learned about the free landlord tool to manage rental property finances and am now weighing the option of using it to manage the financials of our first rental property (3 unit...
My fiance and I are buying a home. She is the only one on the loan but we plan to be both on title. We will be splitting the closing cost.
What would the best way be to pay for the closing cost?
1. Should I give m...
Hey Folks,
Looking for any input needed ASAP for some type of contract to be used between 2 wholesalers. Having the property contract and the other bring buyer.
I basically need some form of contract st...