Until now I’ve only been a passive RE investor. In the last month I purchased three properties that I intend to rehab and brrrr out of. I’d like to keep track of my numbers and paperwork for each property. What are sy...
I am trying to finalize our tax paperwork and I am at the step of reporting the income and expenses of the rental property. I can tell based on the rental checking account what the income/expenses were. How do I docum...
Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...
New investor here. What's the best way to save and organize digital receipts and to snapshot paper receipts? is there a good phone app? or software to use? TIA
If the property title is under LLC and I am the owner of the LLC, what do I need to bring at close to show I am the owner of the LLC in order to sell the property?
I am request assistance from a wise rental property sage on how best to organize rental property paperwork. I have out-of-state properties with property management companies to manage them, but still I have closing d...
I purchased a 4-plex last December. I'm finally to the point of organizing my business finances. I've purchased Quicken Home Business and Rental Property to do this. My two goals are to 1) make it easier on my CPA ...
I am a 20-year-old student studying real estate and pursuing a career in commercial real estate. I'm looking to invest in my first deal in the next 6-9 months and should have no issue raising capital through my networ...
Hey Everyone.I am buying my first rental property this month and would like to hear some ways to keep my paperwork organized. I plan to use my filing cabinet but was unsure of how many different sections i would need....
Good day BP community,Since I’ve become a member of BP I often scroll the forums and see some of the same Real Estate Rockstars answering questions or providing guidance and opinions. Some replies are brief, others le...