One of my tenants has reported water damage to the flooring just inside the front door.  They claim is has just recently started to warp and peel up.  I had 2 plumbers check in and out, pressure test, etc., and there...

Hello everyone,If you have a portfolio of single-family properties, do you always have to track the income and expenses by property?I'm pulling together my numbers for my partnership tax return and it is a pain. We ha...

Hi! I was wondering if anyone can tell me about their experience with transitioning from using Quickbooks to Appfolio for their property management program? Are you happy with your choice? We are about 1-2 months in w...

So I have a settlement statement where we sold the property.  I know that we took a loss on it but I am having issues with the journal entry.  So we sold the property for $1,050,000.00 and bought it for $1,220,000.00 ...

I bought a duplex last year and I'm getting ready to move out and into another purchase soon. I'm trying to figure out how I should be setting up the locks, because I haven't changed them since the last tenant moved o...

I've recently purchased my 1st duplex. The previous owner had the heating (hot water) upgraded. He separated the plumbing per unit on a one boiler system. I've made the decision to have a 2nd boiler installed so my te...

I've always had separate quickbooks files for each rental property I have. I'm beginning to accelerate my acquisitions and I'm at the point where it would be much easier to have multiple properties on one quickbooks f...

Hello,
Bought a house with a "zero lot line" boundary in the Chicago suburbs (2.5 to 1 foot of land between my house and the neighbor's lot). 
It's a fixer upper and requires some essential repairs to address water ...

I hope I am in the right forum. If not, let me know where it should go and I'll change it.

Currently, I do all the accounting for my LLC which owns SFR's. I sue Excel and for the most part it works just fin...

Hello!It's that time of year where we get all our books in order and curse ourselves for the end of year work we have created! I have multiple multi-tenant commercial properties with multiple different property manage...