Does anyone use Stessa for collection of monthly rental income? What program do you use for rent collection? (automatic late fee generated program)

Newbie closing on my first property, how do I keep my rental income separate from my personal accounts if I don’t have an LLC and therefore can’t open a business account? Should I just open a separate checking account...

I am finishing up the rehab on a property, and in order to do this, I took a signature loan to acquire the last bit of capital needed.I transferred the full amount of the loan into my business checking, and setup auto...

Hello BiggerPockets -- 

Should the net proceeds from a 1031 exchange reflect the fees already debited by the GP during the original holding period (i.e. acquisition, management, disposition, etc.) ? 

And might i...

Thoughts on SD IRA LLC checking with local bank vs. Fidelity/Schwab?  Thanks!

This question is to those accounting/bookkeepers out there.Lets say I purchase a property for 30k and put another 30k in repairs/holding costs for an all in cost of 60k.  The property is now worth 110k and I'll be hol...

I have degrees in Accounting and understand it but have never used it in real estate nor have I used much Quickbooks. My husband flips houses and has about 5 going at any time. We just set up Quickbooks Online which I...

Last year I had to sell half of a duplex. I met with my CPA, discussed the details and they estimated the taxes owed would be in the neighborhood of $10k. I just got my returns back and I ended up owning over $30k. My...

Hello! Thank you in advance for your help. I am trying to import my 2 rental properties into QB and I am stuck at the HUD-1 Statement for one of the condo's. I have spent numerous hours trying to figure it out. I thou...

Hi everyone,This year I purchased my 2nd and 3rd rental properties in the STL area. I had a SFH in the area already, which is under an LLC. I have not created an LLC for the other two properties. I have been collec...