Hey guys,
I'm a 21 year old waiter and my fiance and I are looking to get approved for a mortgage because the market is fantastic and we could afford it. She's got a job that pays 27800 a year and I make about 2...
Morning BP,After 3 years of investing and 6 doors, I'm going to start treating my REI as more of a business. This includes doing a much better job at book keeping. I thought I was doing a good job until I went to my C...
Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business. Properly structuring your bank accounts ensures that every dollar in y...
Let me say first, this may be in the wrong forum but this seems to be the closest to the topic at hand.The question is, "How does one account for Vacancy and Repairs?" The question is specifically related to Quickbo...
I am a small time real estate investor flipping vacant land. This is my full time "job," only income and I am looking to get a mortgage for a house soon, but first I must file two years taxes to qualify. How do you fu...
Hello,I'm new to real estate investing and I just recently purchased my first duplex. I live in one side and rent the other. I am wondering, since I am not using a third party property manager, how I should store the ...
Does anybody know if investment gains from an house flip is stilled taxed if put into a HYSA (high yield savings account)?Can a HYSA work the same as doing 1032 Exchange?
I am seeking advice on how to manage my cash flow with my 2 rental properties. My wife and I currently have full time jobs and I manage both the properties myself. So far I have been collecting rents in one account ...
I'm a new real estate investor, interest in purchasing multi-family properties and renting them for the long-term. I have Quickbooks Pro 2016 (desktop version) and I'm looking for advice on setting it up for my busine...
I just bought a duplex, I'm living in one side and renting out the other, my question is should I put the tenant rental check in a bank account and use my job money to pay the mortgage or directly send the check to my...