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Hello everyone, I'm just wondering what bookkeeping software everyone uses? I'm only going to be using it for three single family, long term rentals. Thanks for any suggestions!
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I have been listening to Bigger Pockets for quite some time and am currently working with 2 of my colleagues (which I highly respect) to kick off our financial venture within the next 6 months.We have monthly and quar...
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Does anyone use/recommend a combo accounting and property management software? Small scope company (1-4 properties currently). Or do y'all separate the two?
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Are wire transfer fees that were incurred with wiring earnest money and final down payment/closing costs to the escrow company deductible on my tax return? If so, what category would that fall under on the Schedule E?
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Hi All,I am currently owning a few rental units and I am looking to get into the Property Management business. I would like to know how to overcome the challenges on getting started without a sound track record. Shoul...
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I'm spending on repeat repairs for the same property and not realizing it; for instance, if i replaced a water heater in 2019 for Bldg A and for 7x other units throughout the year. 1 year goes by and there is damage t...
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Good morning! I am just starting my research on CRM systems to help me with tracking and following up with leads to purchase homes and was wondering if anyone in the forums would have a recommendation? How are you c...
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Hey everyone! I own rentals and own a new property management company. My question today is regarding preventative maintenance of the rentals I manage. Currently I manage repairs as they come up, and suggest repairs w...
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Hi, I'm trying my BEST here to do my own accounting for the most part.Currently I have an S -corp established for my fix and flips and an LLC for my long term holds.Most of my business funds are in my S - Corp bank ac...
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Hi All,I'm looking for some advice on a property management software. I currently have 5 properties; 7 units. (1 office building, 2 duplexes, and 2 single family homes) I am currently pulling a line of credit out of m...