Hello Bigger Pockets!
I just closed on my first rental property and need to begin tracking expenses. I only have the one duplex at the moment so it should be fairly simple at this point. Any tips on an easy to us...
My CPA is asking to categorize the following:"Ready to rent""Repairs""Appliances" To be amortized im assuming, added to the basis of the house. Please let me know how you guys handle the chart of accounts?
Hi all! My wife and I are moving from California back home to the Midwest where I'm from. I've been wanting to start investing in multi-unit properties for a while, but it's been too expensive for us to get started ou...
Hi, I’m new to real estate. I was wondering what is the best way to keep your tax items organized and the best way to have them prepared for when it comes time for taxes. Thank you.
Hey guys,I have been using a spreadsheet that I have customized to do what I need it to since I started buy and hold investing. Now 10 in, I'm finding that a lot more cumbersome than I used to, and think its time for...
Hey BP Community,What are the class A, B, and C neighborhoods in your opinion based off of the projects you have done in the past and the experiences that you have had in these neighborhoods? I would assume that North...
Hi Everyone,
Was wondering if anyone is willing to share their excel spreadsheet on tracking expenses for their real estate and/or investing business? If not share maybe a few helpful tips for a new Real Estate Agent.
I have received a refund for a transaction that occurred in the previous tax year.
Specifically, this transaction occurred in May 2023, but I received the refund for that amount in January 2024. I’m struggling with h...
Does anyone use mint.com to manager their personal (non-business) finances? If so, how has your experience been?
Looking for what others are doing here. I'm having a really tough time doing my accounting a way that isn't totally confusing and sucks up half a day at the end of the month. I use Buildium and LOVE it for the propert...