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I have used 2 different CPA's and they all seem to think alike. Both prefer I max out my SEP IRA / HSA before putting the money into real estate. I put a nice chunk of cash into both but I want real estate to be my m...
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TL/DR - I bought a 3.5 down FHA Duplex, I'll be living in one side and renting out the other. I still need to pay towards the mortgage, but I'm saving money compared to renting. Do folks recommend: 1. Just deposit ren...
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If I hire you as my CPA, what software would you like me to use? quickbooks? and what is the second most used software your clients use and that you are okay with? example:freshbooks, freeagent, personal excel sheets.
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I'm setting up my new VRBO account, kinda having fun, then I get to the point where I must submit OK for Hyperwallet. What? A PAYPAL company yikes! Look at those vague terms! After dealing with PAYPAL for 20 years on ...
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As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...
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If you have experience with either one of these please comment. Cozy.co or mysmartmove.com?I take checks, money grams or cashier checks but my college aged tenants want a online or better way to transfer rent. I curre...
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I constantly am texting with my tenants. It seems like they prefer it over phone calls or emails. How do you handle managing all the texts??? And, then if there's an issue, I'm constantly texting back and forth betwee...
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Hi,I've been having a difficult time finding a bank that will open up a checking account under my plan name and EIN number associated with my Solo 401k plan. Most banks either want me to open up a brokerage account or...
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How many options do you give your tenants for rent? Cash, check, mail?Does anyone offer on-line payments only?
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Hi everyone!
So I just put in offer on my first investment SFR. From what I understand I should be opening a separate bank account for everything that has to do with the rental financials.
My question follows; i...