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Hello BiggerPockets,Just joined as a Pro yesterday, and looking to dive in. This is my first post. Im not a writer / blogger, so please bare with me and my not so perfect 'righting' lolMy question to you is what do yo...
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My husband and I have 20 doors so far which is great but I have no background what so ever on how to do bookkeeping, finances, excel, etc. Is it worth it to take some property management classes ? We’ve obviously lear...
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Hi all!
I am a licensed Realtor in the state of NH & ME. I am currently in the process of starting a side business doing property management. This all started with a buyer client of mine who purchased a few inve...
I'd like to claim a home office deduction (I've reviewed the details and I'm eligible). It's my first year with a rental property, and I did not have a profit (on paper), so I know that the deduction and depreciation...
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I have a short-term rental property and a long-term rental property. Right now, income and expenses are coming out of one account for both properties. From an accounting perspective it seems to be working ok, but is ...
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Has anyone had any experience with either or both? Which did you like best and for what reasons?I'm currently looking for a platform to track business expenses for tax purposes.Thanks for the advice! - Marshall
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Hello! It's the TAXING time of the year! And starting 2023 off and runningAsking for your opinions about your favorite (or least favorite) accounting software programs other than QuickBooks. This has been a common t...
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I have zero experience with running a business, or bookkeeping. Does anyone have any good resources on bookkeeping for real estate investing?
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Looking for some guidance on Quickbooks as a REI who is only in the beginning stages. 1. Online vs. Desktop. In short, the benefits from the online version appear to be easy access from remote locations and having mu...
I'm not an investor - yet. But I have a question that's bugging the heck out of me. I live in Michigan, nice middle class neighborhood. Everyone takes pride in their home's appearance. There is one house at the...