Hello everybody!I use a regular Excel spreadsheet for our rental property expenses. Is it IRS' requirement to switch to quickbooks now?Thanks!
Hi,I am about to have my first TAX report this year, and the CPA is asking for all the expense.During the rehab, I got tons of receipts and invoices. How do you keep track? Do you have some filing system?Thanks Doron
Hi, Does anyone have a sample excel sheet with book keeping or accounting for someone that is starting up with rental properties. Basically what I am looking for is something like a detailed real estate balance sheet.
What has been your experience hiring a CPA vs. using the top-tier tax software from the likes of TurboTax and H&R Block? Robert Leonard
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
As a retired graduate level engineer, I have always done my own Federal and State Tax returns. Albeit for a couple of dozen years now I have used Turbo Tax to prepare and file returns. I have always tried to underst...
My partner and I are in the process of looking at software to help our bookkeeping and accounting of our business.
We have an accountant and have been using the old and faithful excel to do our books over the past c...
We are expanding our management business from just our private STR properties to a full management company. I am looking for a company to handle all bookkeeping and accounting for our property management company
There's all these formulas for calculating expenses and backing in to cashflow, right? How do you guys manage this operationally? In reality, rent will hit your bank account, but it doesn't separate itself into specif...
Everyone in our country will be allowed to invest in private offerings with national exemptions and solicitation starting today. It will be interesting to see how it plays out.