For accounting, I use Rentec Direct, which allows me to keep track of all expenses and then prepare reports for all of my properties.The information the system exports seems like it is most of what is needed to prepar...
My parents own 4 properties with a total of 37 units. I recently started helping them with the business and I want to help them organize their accounting better. My questions are:How do you all do your accounting with...
Hi Team,I recently got "Guesty for host" subscription. While it works like a charm with Airbnb I have a really hard time getting it to work with VRBO.Has anyone had a similar issue? how did they find the resolution fo...
Greetings BP'ers...As part of a 1031 exchange, I have purchased a handful of short term rental properties in the last few mos. I have about 1 week left on my initial 45 day period to put properties under contract to ...
My accountant told me there are two ways to get a cost segregation study, one being the expensive route where an engineer comes onsite and does it. He said there is another, cheaper option where I basically fill in a ...
I am looking for a good tax accountant here in Phoenix, Arizona.Last year after talking to an older couple who are RE investors with over 10 properties, they gave me the confidence to use Turbo Tax. I have a pretty go...
What is the best software / tool to manage-accounting-prepare for tax returns for residential rental properties in Canada?Daniel L
Howdy BP community, thank you in advance.In addition to doing my own research, I'm also looking for STR Property Manager recommendations from this community. BP has provided so much value to me and my RE endeavors tha...
New investor looking to find out what types of avenues are out there for keeping books, income, expenses and business related endeavors. Ive heard quicken, excel and other spreadsheets work but wanted to know what the...
I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...