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This is my first post so i would like to introduce myself. My name is CJ miles. I'm currently 30 years old. I wasted most my youth goofing around when i should have been investing in real estate. I am currently servin...
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Hi,
I started an LLC and currently I am also employed. I use car for my personal use and would like to use for business as well. Any ideas to separate expenses so that I can legally use the car for personal as well a...
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what is best accounting software for rental properties?
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Hello BiggerPockets community,My Name is Roger Mejia, I am a 23 year old college student on track for a Big 4/CPA Real Estate Tax career. I am looking to leverage the knowledge I gain through my career to build my own...
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Thanks for checking out my post.I am hoping someone here can share or recommend a spreadsheet to manage residential rentals. Mainly to track rents and expenses for 40+ properties. Open to other software/apps, I'm here...
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Hi, there! I’ve owned some properties for a while, and they all rent out. But now I’ve got a problem. It ‘s too hard to track every rent payment cuz these rooms are rented out to different tenants. Some of them pay me...
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What is the most efficient way to have your tenants pay their rent using today's technology? My business account is with Wells Fargo. I manage about 50+ units so I need a way to track them.
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Hi,I'm curious to how some of the landlords on here handle their finances.Do you have one bank account that receives rent or multiple accounts for each property?How do you handle expenses? Do you use a separate accoun...
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Great article about what we already knew.
What adjustments are you making?It is getting much harder to profit on house flipping today. Home prices are high, there are very few distressed or foreclosed properties ava...
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Take advantage of depreciation: Depreciation is a tax deduction that allows you to recover the cost of your investment property over its useful life. By taking advantage of this deduction, you can reduce your taxable ...