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Hi - I am new to real estate investing. I live in Chicago and currently have two rentals (single family homes) located in Virginia. I am looking for a new accountant to work with on my taxes this year to make sure I a...
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My boyfriend and I just started our real estate venture this year and just started renovations! There are obvious advantages to having a house when it comes to taxes. We intend on fixing up the house and renting it ou...
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How do you all deal with multiple bank accounts if you own multiple properties in different LLCs?Long story short, I am creating a New Mexico LLC to be the holding company and owner of children LLCs created in the sta...
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I recently purchased my first investment property (a duplex) and now have a property manager in place and both units rented. Trying to figure out how to manage the financial side of things. Do I need an accountant, ...
Hello!I purchased my first property a few years ago into an LLC, and have acquired a few more within the LLC since. I want to make sure that I am doing everything right to protect the limited liability status of the L...
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Hello,I recently closed on my first rental and am working with a property management company. The company subtracts expenses for work (on the property) that I've already approved before disbursing rental income. Whi...
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Specifics:I have my day job, own 3 investment properties (all duplexes), own the property management company that oversees the success of these properties, and have 1 side gig. I’m looking for an accountant either in ...
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Looking to replace my accountant with an one more familiar with real estate investing. My current accountant gal came to us an an acquaintance. She seemed to be doing a decent job, but there has been suspect advice al...
Hi Everyone,
I am just starting out and have my first renters coming in 11/1. The property manager I am probably going to work with utilizes Buildium and I will have full access to it. Do those of you that use this p...
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I used a general unknown to me accountant and I had to pay a lot to the IRS. Having two rental properties I feel that I should not have paid or paid so much. I know the tax laws changed but...… Should I just live with...