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Results (10000)
A. Maldonado Where the rent checks go?
17 November 2019 | 5 replies

So where do the rent checks go when they are cashed (or direct deposited)? Do they go to they’re own checking account per door or do all rent from all property’s go to one account and you manage it somehow? can you al...

Ben Kirchner Just did first flip - Tax questions *Seeking local CPA*
9 February 2020 | 9 replies

I've been a buy a hold & land investor up to this point.  I just completed my first flip.  I've been doing my own taxes up to this point, as it didn't seem too complicated with my current rental portfolio.  Now th...

Kaybreh Mathis Do I Need to Issue 1099s?
30 December 2020 | 13 replies

Hello! My husband and I bought our first apartment buildings this year. We bought them in our own names. My dad has done a lot of handy man type jobs for extra income: painting, new faucets, flooring, etc. He is a tea...

Brandon P. Free and clear impound account with monthly ACH
1 February 2018 | 2 replies

Is there such a service? i have looked. I bet it would be a popular service

Luke Carl It's Time For A Book Keeper
22 March 2019 | 4 replies

Hello! It's time for a book keeper. We have 3 sides to the business. Sales, Short Term Rentals and Long Term Rentals. Any advice on how to find a book keeper and what questions to ask and what to look out for? Thanks!!

Abe B. Bank Accounts + Landlording
21 March 2024 | 6 replies

Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...

Brad S. Property Tax Burden (GA, South East) - Multi Family & Commercial
26 July 2022 | 7 replies

I am just curious how much emphasis fellow investors put on property taxes and the impact that the sale will have on future tax liability. I guess it depends on who you ask, but in my experience, property taxes are ty...

Caressa Dredden Mortage through taxes
24 November 2018 | 4 replies

Is a mortgage covered through your property taxes?

Account Closed Rental vs. Flipping: Which, and why?
26 June 2018 | 59 replies

I'm sure most new investors have this question. Although I myself am new, I know where I stand. I'd prefer to build a rental portfolio accompanied by periodic flips. But I'm curious. Are you more on the side of runnin...

Jeff Ausdemore Series LLC book keeping
24 October 2018 | 9 replies

Good morning!Just wondering if anyone has any thoughts on bookeeping for a Series LLC?  Our CPA recommended separate checking accounts for each property in a Series LLC.  Seems like there could be a simpler solution w...