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Results (5123)
John C. Insurance for if I forget to insure a property
20 November 2023 | 5 replies

I own 100+ properties in PA in my LLC which I am sole member of. I am always afraid that an insurance policy will lapse and I won't notice and then there will be a fire or something with serious liability or repair co...

Robert Freeborn Sub-contractor accountability contracts
23 August 2019 | 4 replies

On a recent flip, I had an electrician set us back by 3 weeks with no shows, walk-offs and other delays.  I want to put together some contract that I have all my subs sign with some sort of contingency to cover events...

John Anderson Accounting treatment for cash flow?
20 August 2023 | 6 replies

I am getting very strong cash flow, on a property that I fixed up last year. I am wondering whether the depreciation and the rehab costs can be used to offset this income? Yes, I am going to speak with a CPA, but want...

Erik Belinfante Paying bills and organizing bill pay
28 February 2023 | 5 replies

I have only 4 STR doors. I have had a helluva time paying bills on time. I have created a spreadsheet that seems to be less than efficient in identifying all my expenses. I keep getting dinged with new taxes, LLC fees...

Brent Rieman REI HUB vs Quickbooks accounting software
17 April 2023 | 3 replies

Looking for advice on accounting software.  I currently use quickbooks online. Very frustrated with them, they keep raising cost, I think im up to 80$ a month now. Invoicing ACH payment cost have increased 10 fold.  I...

Scott Felix Deducting cost for fixing paint patches (AZ)
16 February 2023 | 4 replies

After tenant moved out, we noticed paint patches in multiple rooms. The tenant had put unapproved decorations on the walls and after decoration removal, they tried to repaint with similar shade without any approval. T...

Bob Malecki Solo 401K contribution limit question
30 November 2019 | 5 replies

I have a Solo 401K set up under one of my LLCs that has earned/active income. I recently sold one of the rental properties in my other LLC via private sale and had this LLC invoice the other LLC at closing for a $35K ...

Mark Forest Charging for your time after tenant leaves
6 May 2013 | 5 replies

After tenants leave and you find damage you will of course send them an itemized list of the cost of materials to fix the damage to explain why they are not getting any or all of their security deposit back. How do y...

Andrei Nikulin Prop Management Software w/ ePay (Merchant Acct) for individual
20 January 2019 | 1 reply

Hi Everyone -I am looking for a property management software with e*Pay (Merchant Account) that we can set up in an individual's name (a sole proprietor) vs. needing to set up company. (LLC / Partnership).Can anyone r...

Calvin Rappard Violation of HOA rules: Pass fine to tenant?
9 October 2024 | 4 replies

Rookie question, hope someone can help. I received a letter from the HOA about a violation of the rules - there is an oil spill in the property driveway. I got a $75 fine and need to clean up within 2 weeks. Is it leg...