Looking for some guidance on Quickbooks as a REI who is only in the beginning stages. 1. Online vs. Desktop. In short, the benefits from the online version appear to be easy access from remote locations and having mu...
My name is UGG and I live in the stone age. I do all of my rental transactions and accounting with paper and pencil on columnar sheets. I pay all expenses out of a checkbook with each property having a separate accou...
Running a note business, I'm curious what bookkeeping software you use to track expenses and income. I currently use a spreadsheet and it's becoming a challenge to maintain.
What tool do you use?
Why did you pick i...
Good evening tax pros! I am running my sample 2022 tax return in order to figure out how much federal I'll owe for the year. I bought a property this year that was a good candidate for a cost segregation study, and I ...
Hello, I'm wondering if I should use a property management company or not? I'm mainly interested in the aspect of how to acquire and market to tenants. I have the capability to handle the application processes, evict...
I need each rentor to pay their rent to a specific account (for asset protection)... Whats the best and most effective way to collect rent??
My family and I are in the middle of our first real estate investing deal. We are fixing a foreclosed house we bought and plan to sell it in the summer. We are having trouble keeping our expenses in order. What bus...
To anyone with experience using LendingWise - I'm looking for details of what your experience is/was like. Some general questions are below as prompts. - Would you recommend it? Y/N- If no, is there a different produc...
Hi All, I am a real estate invester with approximately 100+ units. I am currently using Buildium, but it takes becoming very "clunky" and time-consuming to enter various details. I have been looking at Appfolo but t...
Hi all,I'm relatively new to REI and extremely new to business entities. I took the advice of so many others and sat down with a tax advisor and attorney. I'd like to put the protections in place now to shield curre...