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I currently have quickbooks premier and just started using it for my real estate flips. I previously was using excel sheets and plan to transfer to quickbooks. i would like to have the purchase price of the home also ...
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Does anyone have a good checklist of items that can be included in the accelerated depreciation method? I.e. fans, furniture, etc, etc,. What are the depreciation rates for each?What are the amounts for each that you ...
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Hello! It's time for a book keeper. We have 3 sides to the business. Sales, Short Term Rentals and Long Term Rentals. Any advice on how to find a book keeper and what questions to ask and what to look out for? Thanks!!
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I’m on the edge of needing some way to manage my notes. I looked and this hasn’t been talked about for several years. I’m wondering what is rookie use and what do people recommend for management of the tasks that ne...
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I'd like to know what the general consensus is on using tax software such as Turbo Tax Premier vs an accountant.
I searched for a question like this already and found someone asked it a few years...
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Accounting Question for you CPAs.So I recently purchased a rental unit and am just starting out. I have one asset (single family home). I do not use any accounting software at the moment as it is just one unit. It ...
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I am a new investor in New York City, I have been hearing some good things about investing in performing/nonperforming notes in the south or midwest. Considering the difficult competition in New York, should I start o...
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Hello everybody, I'm Mike and I am a software engineer from Israel.I've decided to start looking for my first deal at March and till then I save some money.What kind of deals could be relevant for 30K$? Are there any ...
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Hi,I have a question about judgments. I'm hoping someone can clarify something. Sometimes, people have common names. When this is the case, a judgment search may reveal possible judgments against them. The title compa...
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Hey BP! I wanted to start a thread in which people who have scaled or are scaling their REI business can share how they are doing it. I would love to hear how people moved up from being a landlord to a full time real...