Artur A.
Bookkeeping with Property management
A property manager is using Buildium. Can I use it for bookkeeping and share it with the CPA (for filing taxes). Would you recommend doing additional bookkeeping with another software? (In case if I change PM and pl...
John Jones
Could be late filing rent taxes - but owe 0 - Am I in trouble?
I had to rent out my place to help my mom after my dad became ill then passed away. The point is that sort of thing caused me to get swamped, and I never intended to rent. So filing is new. I want to get it done ...
David Moore
Using YNAB to run a rental business?
Is anyone using the software YNAB (You Need a Budget) to operate their rental business? We currently use Quickbooks, but it lacks the budgeting portion that I am finding more and more critical to mapping out our cashf...
Erik Trefzger
I Need a Bookkeeping Solution!!!
I've been trying to figure out a bookkeeping solution for years now, and I just can't seem to find one. I own 5 properties (8 units), but would like a system that could easily scale up when we purchase more propertie...
Ben Pearce
House Hack Accounting Help
My wife and I will be house hacking with a duplex once we close at the end of January. I have some questions around paying the mortgage and also about the use of a business credit card.
I currently understand the im...
Stefan Knipp
Should I create an LLC?
Hi Everyone,
I just closed on my first SFR and already have it rented out. As I continue to expand with additional purchases in the next year, I am curious about what your opinion is on the formation of an LLC.
The...
Keith Hebert
need pro advice on whether to hire an in-house bookkeeper
Hello fellow investors,I need some professional insight. We have several dozen rental properties, flip a few houses per year and are just getting ready to add a new venture with a few short term Airbnb's. I've had and...
David Stone
Method for tracking income/expenses
Hi, I was wondering what people used to track the income, expenses, late fees, etc for their rental properties. I have 5 units currently and am using a word document I created to track everything, but it is getting q...
Tyler Gilpin
Keeping track of portfolio financials
How do you guys keep track of your portfolio financials? Cash flow per unit, how much is left on mortgage per unit, etc. Lay everything out in Excel or do you use an app?
Daniel Levine
Real Estate- Accounting
Can anyone point me to some good books, websites, or software programs that can help me learn more about basic Real Estate Accounting?