Jim C.
Long Term Rental Properties- Schedule C or Schedule E????
I'm in process of switching accountants, and my old accountant had always put all my long term rentals under Schedule "C" when filing. However, my new accountant is telling me that all the long term rentals should hav...
Kevin Last
Chart of Accounts
Hi! I'm still rather new to real estate investing and I've been slowly building a chart of accounts since most the accounting softwares are not set up directly for real estate investors. I tend to feel like I'm missin...
Nikki Kofkin
Choosing Rent Processing Platform
Hi all! I am looking into getting a new rent payment processing platform. I want one that's free for both landlords and free ACH payments for tenants. From my research, my top 4 picks are Cozy (via Apartments.com), Re...
Ben Thorsen
Anyone have experience with Obligo...?
In particular- how was the process when the tenant moved out and there were charges reported against the Security Deposit? Did Obligo pay quickly, etc.?Other feedback appreciated also.
Austin Noon
Accounting features I will actually use?
I am in the process of selecting PM software to manage 7 units. I am mainly looking at accounting features currently to replace the income tracking I do on Excel. I have done demos for DoorLoop and AppFolio and they b...
Joanna Lilly
Accounting software for multiple properties
What is the best accounting software for tracking multiple properties? Is it worth investing in something beyond QuickBooks?
Jenn W.
Solo 401k to fund real estate purchases
Who here has personal experience setting up a Solo 401k or Roth 401k for Real Estate purchase? Was the process and on-going record keeping a mess? Did you hire a firm or an expert for the process? Has it all been wort...
Jonah Richard
For folks with 3rd party PMs, how are you handling bookkeeping?
Some context:My PM uses Buildium. Each month, I take the income & expense report generated by my PM and manually enter it into my bookkeeping software (just Excel) alongside other expenses (mortgage, landlord-paid...
Eugene Lavatman
Fastest AND cheapest ways to accept payments from tenants
Hello BiggerPockets community, we have been accepting payments from tenants using Zelle, Venmo and Paypal. Zelle and Venmo requires tenants to have an American bank account. We can receive the payment INSTANTLY and F...
James Piske
Zillow ACH rental deposit scam
Zillow, along with their third party vendor, whoever it is, is running an interest accruing scam. 10 days for an ACH payment to hit? Get real! I worked for the Federal Reserve Bank of Chicago for almost 20 years, I kn...