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Howdy, all!I've been lurking on the forums for a few months, and finally came across a topic that didn't seem to turn up any search results: Building a chart of accounts for a rental business.Let me back up and start ...
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Hello,I finally finished up renovations and I have an interested family for my 2 BR/1 BA apartment. The interested family is a couple (not married) w/ 2 children and 2 dogs. The only one applying and asking to be on t...
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I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
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Hello, I have asked this question before, but after doing research I must disagree with the original poster. I spent almost $5K to have a plumbing company dig a hole in my yard and put a $6 boot on a cracked sewer li...
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So me and my father-in-law have verbally agreed to form a partnership for investing purposes. I've already opened an bank account for it. I put in 75% and he put in 25%. Anyone have a form to make stuff like this o...
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my two business partners and I just closed on a duplex. the plan is to house-hack. two of us will be living there as a primary residence but the third person will not be there. however all three of us are on the ti...
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Real estate investing has become increasingly popular in recent years. One of the reasons for this is the ability to generate passive income. Passive income streams are a great way to create long-term wealth with mini...
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Building a Successful Multifamily Syndication Team: Essential Skills and RolesMultifamily syndication is a powerful investment strategy that allows investors to pool their resources and acquire larger, more profitable...
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I found an abandoned land lot several years ago and claimed it under the Adverse Possession law. I filed a notice of adverse possession. I also paid 7 years of the unpaid property taxes so the parcel is now up to dat...
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Hey guys, I'm a buy and hold investor from Duluth Minnesota. In four days, I'll be closing on my first rental property, and I'm planning to close on my second deal next June. For my second, I'd like to start building ...