Danielle M.
How do you do your accounting?
Hello, I am curious how you do your accounting. Do you have a separate Quickbooks online subscription for each property (that sounds expensive)? How do you handle buying software for multiple properties in an affordab...
Benjamin Fogle
Funding expenses early in a rental property purchase
I realize from a business perspective you should completely separate real estate finances from personal finances with separate bank accounts.However, especially in the beginning, is it reasonable just to transfer in m...
Chris Pomerleau
Accounting Software
Hello. Rookie BP investor here.
My father and I own a rental property business with three rentals. We are expanding quickly and need a great and clear way to keep track of our expenses, income, and all other Financi...
Lupe Cartagena
Tracking expenses on a flip
I am in the process of purchasing my first flip. I realized, I dont have a method for tracking my expenditures. Does anyone know of a good software program to track my expenses?I am purchasing a sfr. Thank you
Brian McCombs
Bookkeeping Best Practices?
Hello BP Community! I have recently closed on not just my first, but second multifamily property purchase within the last two weeks! These properties are being treated as out of state investments, and i have hired loc...
NA Poteau
Rental Proceeds to someone other than owner of record - third party
We've been asked by an owner to deposit net rental funds into a third-party account that is not in ownership of the rental property. Is this allowed? Who gets the 1099?
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. ...
Shyam Subramanyan
Cost Segregation for STR properties acquired in 2018, 2021, and 2022?
I have three STR properties that my wife and I have self-managed but from a tax perspective we've only taken the normal depreciation the last few tax years. However I am wondering if I can do cost segregation for all ...
Nicholas Joseph
Bookkeeping software suggestions?
I'm a new investor and recently purchased a duplex in Indiana, with the intention of investing in a second property relatively soon. My partner and I are using the IN property for short and medium term rentals and it'...
Nadine Lajoie
NEEDED: Bookkeeping real estate software
Hi, do you know a great software, friendly user, easy and ACCURATE for real estate investing.I don't know if you are like me, but Quickbooks is a real nightmare... you have to get 3 reports to get something accurate ...