Hi BP, just trying to get my ducks in a row, so far, I have just broken ground to residential market. I am exposed to government and commercial tenant improvements or construction, where we are to perform then get pai...
Split with my PM in the spring over their poor management (not paying utility bills) and not gaining my approval for repairs over $300 like the contract stated. One unit in particular accrued nearly $10K of repairs, a...
@Brandon Hall @Natalie Kolodij @Linda Weygant CPA <3 What's the best way to account for business expense deductions during a joint venture flip? I have read websites like http://www.double-entry-bookkeepin...
What kind of paper trail do you maintain when collecting rent? I collect rent monthly through Venmo but never give the tenants an invoice or a paid statement. Is collecting electronically enough if there were ever any...
Hello. So I have owned property that’s part of a POA for 3 years. They have always sent an invoice for yearly dues. This year, everyone is arguing because almost no one went to the POA meeting due to Covid. We did not...
Hello all, I have a fairly interesting scenario that I'm wondering if anyone else has ever run into? So I do a mix of short and long term renting on a fully furnished corporate rental. Often this simply means "normal...
Current I use Quickbooks Online.
Curious what everyone does for regular bookkeeping?
1. Sales Receipts as payments come in?
2. Recurring invoices and match payments?- If you do this method how do you account for l...
When putting together a debt service coverage spreadsheet how are you getting the number for your monthly income? 1. The actual CASH collected in a given month let's say from Feb1-28th no matter what it's for (past,pr...
I was wondering if anyone had any sugesstions on how to generate a rent roll report in quickbooks?
I have my tenants set up as customers and my invoicing is set up that each property is an item and each unit in eac...
I have an LLC and it has its own business account and credit cards and everything. The business is not generating enough revenue to cover all of the expenses, so when a bill is due, I deposit cash and categorize it as...