I'm new to QuickBooks and need assistance accounting for item returns. Here's an example of what I'm struggling with:Let's say that on 5/27 I purchased an item at Home Depot for $10 which I assigned to a COGS category...

Hello,Could someone recommend a good water damage restoration contractor in Beaumont, TX?  the water mitigation process is already finished by an existing contractor, so I just need a new contractor who can pick up th...

Hello everybody, I am putting together my first offer on an occupied duplex. I have a question about the language to use when requesting the leases for review of the current tenants. The question is a straightforward ...

Hi BP community! My husband and I own and manage 6 Airbnb’s and have just quit our corporate jobs. I am an architect by trade and we have spent much of the last few years on the grindstone doing renovations, working f...

We are renovating a house in a really popular neighborhood in Indianapolis. We have a potential buyer we've been working with for that past couple of weeks. They sent us an offer with 30 or so specific line items in 3...

The NAHB's Eye on Housing has a new post on the Cost of Constructing a Single-family Home in 2013. In the post is a table of cost items that go into building and selling a new home based on the survey sent to th...

Good afternoon all,

I have a tenant that is moving out on may 31st which is the final day of the lease agreement. This is my first moveout as I am a new landlord. The tenant has requested the final walkthrough today ...

We are in the process of purchasing a investment 2 family house. I would like to know what can be deducted or depreciated from the closing costs expenses ?

My wife and I closed on our first rental in October 2020.  We have a renter and is cash flowing $185/mn.  We enjoyed the search, purchase, rehab, and renting process.  Previously we've done two successful but major li...

Hello,I am new to the forum, but I love the Podcast and have had the membership for about a year. Thank you for reading my post.I recently, in September, bought my first investment property. I am currently house hacki...