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 ...
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...
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!
Hello BP Community!Newbie here and i'm about to close on my First Deal, and i'm very excited! This community has been invaluable in answering questions and providing advice, thank you! While making my plan for the nex...
I apologize if this has been answered before. I did a brief search and didn't find anything that answered my question. I'm wondering how private lenders get taxed on their earned interest as they loan money to RE inve...
I am a teacher and have a 403b retirement account that I had put cash into when I first started teaching. I also own 21 SFHs and am a little nervous about collecting rents for the next several months. My question is...
How has everyone found the CPA that they use in order to get the most out of their rental property tax benefits?