Hello, I just finished The Self-Managing Landlord by Grace and Amelia. In the tech stack section they break down options for property management, bookkeeping, and project management. I'm currently on the fence as to w...
I presently have a 401k. I am wondering if I wanted to set it up to do private lending out of it and so set it up to be self directed, how do I handle the portion of funds that I don’t want to lend out?
For example,...
I wanted to share my first real estate deal with the bigger pockets community. I purchased this property in 2009 for 238500 at 23 years old.. I took a check for about 17k to closing. Obama gave me 8k tax credit in 09 ...
I have been hearing a lot about self directed IRAs and how they have been used to fund long term real estate holdings. have any of you had any experience with working with a self directed IRA? If so could you shed a...
Hi many thanks for all the previous discussions on setting up QuickBooks for rehabbing, we poured through the advice and believe our setup and recording of expenditures are correct - now comes the fun part of recordin...
Hi All,
I am curious what you all are using to automate your bookkeeping?
I am currently doing my own spreadsheets but would like to have automated as I plan to scale to more properties and use a dedicated checking ...
Hello BP Fam,Like many here, I'm looking for a CPA to assist with not only my LLCs and out-of-state rental properties but my personal tax returns as well for 2023. I would also appreciate and benefit from tax consulti...
I am working on getting my first rental property within the next year and starting out by cleaning up my finances (paying off credit card debt). I am currently self-employed and have an existing retirement account wit...
I currently have one rental, thinking about growing slowly. Im curious to see how others do it in terms of number of accounts, record keeping, ect. I figured there could be some good info, systems, and hacks for sma...
Looking forward to all of your ideas!