I recently starting using Quick Books Self-Employed and loved the features for tracking my real estate expenses. But then I wanted to be able to track expenses from my different rental properties, I saw there is no wa...
So, I've put together a list that is almost 1400 contractors in Whatcom County.It's the name of the business and their phone number. I think this could be helpful for anyone working in any facet of real estate--especi...
Can anyone recommend a great personal budget app that you can link up with your spouse. Wasn’t sure if there was one available that a married couple could use and update together on their phones.
Thanks,
Kelly
Should I create a separate email for my rental account to add to rental sites and communicate with clients? I'd like multiple users(maybe up to 3) to be able to log into this to answer questions, is this a good idea?
Hi all- Our tax accountant informed us there there were changes made by the IRS last year regarding "rules/guidelines" on how you can categorize expenses when rehabbing a rental property (not flipping). We, like many ...
Hello,I was hoping some of you experienced tax professionals could help me with a question. When looking at the way we manage our properties, I think we would easy qualify as active participants as we are 100% owners ...
What are some suggestions on programs to use to track income and expenses on multiple properties (5-10 multi family units). Quickbooks, etc...
Gathering and educating myself for getting into real estate. I’m 24 years old and located in San Diego. I’m looking at out of state due to lowe cost of homes and lack of ability to find deals in my approved range loc...
I have some fun accounting questions I'm hoping someone can answer.
So I'm pretty sure when I purchase a house to flip, it is recorded as inventory, then expensed as cost of goods sold when the house is sold....
I recently incurred costs when one tenant moved out and another tenant moved in. The management company categorized the cost as turnover. How should I account for this? Cleaning and maintenance or Repairs?
Thanks!