All Forum Posts by: Rachel Mazzanti
Rachel Mazzanti has started 2 posts and replied 86 times.
Post: Anyone hire a bookkeeper yet?

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Hiya @Anthony King
Wow congrats on your success and many more to come!
I can definitely recommend you to someone who can help you sort all of these out. I'll send an invite to connect as well!
Post: Looking for a recommendation on a cpa

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Hi Edgar,
Just curious what are you trying to accomplish? You might not even need a CPA.
Post: Property Management Software

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you just revived an 11 year old thread
Post: Noob Question: Reporting rental income from Zelle

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You need an accountant, doesn't have to be CPA specific but should be real estate specific. Please use a notary only for notary services.
Let me know if you need a recommendation.
Post: Just need help and mentoring

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Congrats @Nicole Rojas
Everyone pretty much said the same thing. Definitely get yourself some professionals to work with.
I would add the first few you want to contact are Accountant/Financial Consulting, a lawyer, and agent. PM can hold off until much later.
Post: EIN and LLC

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@Kinju Dudhia I do not know why your accountant would tell you to do that. I think you should look for another one. He needs to be able to figure it out as the current situation and not try change the past.
Post: Real Estate Accountant fee

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For $100/month, I can only assume you have like 1 property with practically no transactions. Rent Income, and expense is your typical insurance and taxes. That would make sense. For $100 is extremely low.
Post: EIN and LLC

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Quote from @Kinju Dudhia:
Quote from @Rachel Mazzanti:
@Kinju Dudhia you should have the option to say when the business start date is when applying for EIN.
The answer is no. You can't back date EIN.
Post: EIN and LLC

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@Kinju Dudhia you should have the option to say when the business start date is when applying for EIN.
Post: Any recommendations for Accounting Software? Stessa upped their costs

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Hello @Andrew Freed
I know a lot of people are thinking about switching because of the cost. What is it that you normally use Stessa for? Do you utilize the accounting aspect of it such as financial reports or you just use it for income & expenses.