I need some help setting up an accounting system to manage a small flipping operation. I've been in construction for two decades, and I'm used to job costing software, but I'm having a hard time finding something that...

My current accountant has apparently not been taking depreciation on my rental properties every year. I am a rank novice in this area. Just wondering whether there could be any strategic benefit  to not taking the dep...

Hello,
We are buying our first rental property in MN and are feeling a bit overwhelmed with all the info. We have learned a lot though so far through these forums! What we are currently not sure of is if we should be...

Hey BP!I was just informed an offer I made on a West Philly home has been accepted and we are starting the closing processes. I will be house hacking a triplex with an FHA loan and inheriting two tenants plus a garage...

Hi all, I have a question hopefully someone with some expertise may be willing to help with? Should I 1099 an investor for only the profit or should I 1099 for the initial investment and the profits?Back story... A fa...

Hello Everyone,I wondered how other investors have dealt with being taken advantage of or overpaying for real estate services.I appreciate any help you can provide.Amir

I see other posts out there about software for rental properties. I can't seem to find any good solution that is designed more for a small portfolio rental property owner, and not for a property management company...

Hello guys,New in Real Estate, started last year and opened a series LLC. Initially (as I am still learning about this) bought the property, got the Tax ID and opened the Bank account under the "mother LLC"... now I a...

My CPA suggested forming seperate LLCs for each rental property I purchase. He states that this limits my liability if there is an issue with one property.  I have just one property currently, but I plan to purchase a...

Hi!We’re planning to rent our home when we move—but we know we will be moving out of state. Question is:Self manage out of state? OR Hire property manager and eat the costs until you have cash flow coming in? What’s t...