Ryan K.
Business banking for rental properties?
I have 3 rental units, owned and financed under my own name. It's definitely a small business; I am the only employee and sometimes my wife. I feel like it will make it easier to track revenue and expenses if I sepa...
Danny Randazzo
Who’s Unhappy with Their 401-k?
What have you done to make the most of your retirement accounts (401k, IRA, 403B, ESA, etc.)? I recently converted an old 401k that wasn’t doing much for me into a self direct individual retirement account (commonly r...
Raymond Weston
Qustions regarding PRO Account, Property Analysis Software and Wholesaler Calculator software
Good afternoon; I intend to upgrade to a PRO account, in June 2015. I was wondering; if both the Property Analysis Software, and the Wholesaler's Calculator are included with the PRO Account? Any and all informati...
Glen Gaidos
Bookkeeper Referral Wanted...
Hey All,Anyone have a good bookkeeper in Seattle that is knowledgeable about RE matters that they would recommend? I've been doing pretty much all my book-keeping myself on an annual basis in advance of tax time, but ...
Jesse Holsapple
Mistakenly clicked annual instead of monthly
How do I get my money back? I am happy to pay the monthly, and it was entirely my mistake today to click the annual and paid 390 instead of the monthly 39. I quickly canceled my subscription. Looks like "Pro" is still...
Curtis Towers
Business Bank Account
I’m about to go under contract for my first rental property. I will also be living in the property. I am going to setup a separate business checking account. I’m confused to what all I should charge to this. Should I ...
Issay Gonzalez
CPA /Taxes in Riverview, FL or Port Charlotte, FL
Hello Team,
I was able to buy my first investment property 3 months ago, I am aware that are many strategies (depreciation) to avoid paying taxes on my profits.
So now I need a good tax company that knows these Re...
Dan Fisher
Self Directed IRA Lesson Learned
Hello BP community. Recently I purchased properties through my SDIRA account. I was shocked to find out that I was charged a $35 wire transfer fee for the rents received. That means that every year that I collect rent...
N/A N/A
What to do with Operating Expense Reserves
Like a lot of newbies here, I was surprised to find that operating expenses run about 50% of your rent collections. My question is, what do you do with all that money. Obviosuly you are not spending hundreds of dolla...
Julia Chance
Condo Association fees/ Late charges/ Notifications
Hi, please help me out. The main question will be: Is condo association responsible to notify the owners on any delinquency on their account? I've been searching endlessly and can't find any specific info on it in Flo...