Heather Whittaker
Short Term Rental Accounting
I've been considering hiring an accountant to handle the accounting for my short-term rental properties. For those of you that have hired an accountant, was it worth it? Also when looking for someone to handle my book...
Greg Moore
What payment platform do you prefer to receive rent?
I'm setting up a new website for my tenants in properties not managed by a Property Manager. What payment portal have you used that you can recommend? (Square, Quickbooks, PayPal, etc)?
Luke Carl
Separate Bank Accounts?
Right now I have 2 vacation rentals and one long term rental. Each has a separate bank account. After some research I've decided to consolidate. Should I put all 3 houses in one checking account (mortgages maintenance...
Derek T.
Can you review these numbers?
Can you review these numbers and see if I am forgetting something or over calculating something? Credit to Brandon as I believe I got my framework from his site. Thanks.
Purchase Price (B23) ...
Pam Smith
Which credit card do you use for your STR expenses
Hi all-Just curious which credit cards everybody uses to charge all of their STR expenses? We just finished up our first summer with an STR and would like to streamline everything moving forward with a credit card ded...
Tyler Koller
Baselane Vs Stessa
I have a mix of long term rentals and short term rentals and I'm looking for something to help organize all of my expenses and more. I currently use apartments.co for screening and rent collection. It would be nice if...
Jeff Piscioniere
Flipping in a self-directed IRA
Hello everyone!
Has anyone done or thought of attempting house flipping through the investment of a self-directed IRA? Specifically, I have been researching the concept of a self-directed IRA LLC with checkbook cont...
Trent Reeve
What is the checklist for starting out in STR
For people completely new to thisThree seem obvious, purchase property (and ensure staged with furniture, kitchenware, etc, all ready to go), contract with cleaners. list property on platformsWhat are next steps?do yo...
Mauricio Duarte
QuickBooks for Flippers - Inventory vs COGS
Hi everyone!Newbie here. Please be kind. I’ve recently formed an LLC with a partner to flip houses. We’ve purchased our first property and the project is underway. I’m a CPA (originally an auditor, now in consulting),...
Carl M.
How do I incorporate rehab costs into the 50% Rule?
I'm trying to understand the 50% rule when it comes to houses that need work. I think the best thing to do would be to spell out the deal I have now and let people offer their input. I have a single family home under ...