Rodney Wright
Taxes for a soon to be own property
I'm purchasing my first property in a few days. The process has been long and tedious. It started in 2018 visiting a property out of state. Can I claim the mileage, hotel stays and meals from 2018 eventhough the p...
Daniel Hart
Quickbooks users, how do you setup your business?
I have a number of rentals held in an LLC, and an S-Corp for flipping and general expenses. A friend told me to set up "jobs" for each house. I am going to hire someone to set it up, but I wanted to get a consensus ...
Kyle McCorkel
How to track hours as a RE professional
So this is the first year that I think I might have a shot at reaching the coveted "RE professional" tax status. My accountant advised me to start tracking my hours, both in my "real job" and in my RE business in 201...
Francis Rusnak
Best accounting software
Any suggestions on best accounting software to keep track of expenses on multiple jobs; QuickBooks, Xero, FreshBooks, etc.
Jon Martin
Favorite free Time Tracking apps (for material participation) and how to log texts?
What app do you like to use for tracking your time? I started using "Atto" a few days ago for 2023 material participation logging and I like that it has a big red/green start/stop button. What I don't like is that the...
Ming Lim
Your favourite measure / metric for return?
Hi Folks!What's your favourite measure for the return on your investment property and most importantly why?I use a simple ROI calculation on properties that I own already. I'm not sure this is the best way to calculat...
Gren Thomas
Getting Started Advice
Hello, I’ve been doing a lot of research and finally decided to get started in flipping. During the times of due diligence I’ve grabbed multiple GC contacts and reliable potential crew members that I would like to add...
Rafael Norat
Job Site EmployeeTracking
All,Does anyone use any type of employee tracking on a job site?I have out of state rehab projects ongoing and want a timesheet-type tracker to know when the workers are on site and where they are (GPS type). I found ...
Jack B.
Stay on new career path or go back to old job?
Background:-Changed from systems/software engineering a year ago into IT Management. I enjoy IT management MUCH more. I don’t do technical work much anymore, and the work is full time employee type work rather than co...
Carson Vanderhoff
No Cash, No assets, No experience. and in need of Experience and Knowledge
I am currently 21 years old, and have recently begun to get into what it would look like to invest in real estate. My dad is a long time investor and I've picked a few things up from him, but the majority of my knowle...