Hi BP!I will be closing on my first rental property next week and Im looking for suggestions on how to manage the bank accounts. Based on my research, Im going to open a checking account for rental income and savings ...
Does anyone have experience with Money Market Accounts and the companies that provide them?The rates they provide are supposed to be better than the private banks and credit unions.
Can anyone point me to some good books, websites, or software programs that can help me learn more about basic Real Estate Accounting?
What is the best software that is cheap, reliable, and easy to use to do the accounting or books on small multifamily properties for an LLC?
Hey everyone, I've just setup my real estate LLC, now looking at getting a bank account. Any recommendations or banks to avoid - I have to assume the stage coach bank is a no-no at the moment. Are local banks better o...
When should I open up a business account right after I've acquired my EIN number or after I formally formed my business and registered with the state? All I have as of right now is my EIN.
I would love your current opinions on accounting software. It looks like Quickbooks is king, yet the monthly fees are off-putting to me. I'd rather pay once. Does anyone have an accounting software that they prefer? O...
I am close to finishing refreshing STR and putting on AirBNB for the first time. This townhome was purchased as primary, then kept after buying another home as primary, so it is held personally, not in LLC. Is there...
I am updating my records in Quickbooks for my latest rental property. There are a couple items I'm not sure how to account for. Can anyone offer any advice?
- Seller paid closing costs(I got them to contri...
Hello BPers, in the past year or so I took on a partner to build a real estate business while continuing to work my demanding corporate job, which I plan to continue indefinitely. We're up to 23 units. We need a more ...