23 October 2025 | 5 replies
Here’s a quick shortlist that fits your needs (3 doors):Stessa - built for small portfolios; auto-tracks income/expenses and lets you scan receipts via the mobile app.Hemlane - end-to-end PM: leasing, online rent, maintenance, accounting; good if you want workflows plus optional local agent help. hemlane.comBuildium - more robust if you plan to scale; solid accounting and document storage/e-sign for leases and notices.DoorLoop - all-in-one with straightforward pricing as you add units.
22 October 2025 | 2 replies
Zillow Rental Manager or Avail work great — they handle rent collection, screening, and lease e-signing all in one place.
16 October 2025 | 13 replies
Control more cash in MM or CD's so we don't take the full ...e.
23 October 2025 | 12 replies
A good starting point would be a usable chart of accounts (right out of the box) that closely follows the IRS's schedule E.
10 October 2025 | 7 replies
Here’s what I tell BP investors to look for:Middle-market pricing exists: $900–$1,800 for a W-2 + 1–2 rentals is reasonable when it includes proper schedules (E, 4562/Depreciation, 8582 passive losses, 6198 at-risk, state returns, and a quick QBID/199A check).Unbundle strategy: Keep the return flat-fee and add advisory hourly ($250- $350/hr) or a one-time “strategy-lite” review ($500–$1,200) for STR/material participation, grouping, and when a cost seg actually pencils.If you want, e-mail me your facts (units, rents, W-2/K-1, state) and I’ll tell you exactly what tier you should be quoted—and what to skip.
2 October 2025 | 0 replies
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16 October 2025 | 30 replies
(Cody told me this directly)@Scott E.
22 October 2025 | 9 replies
The real change is tax characterization: a hotel-style operation is typically reported on Schedule C and can be subject to self-employment tax, while a true STR without substantial services is usually reported on Schedule E and is not subject to self-employment tax.
16 October 2025 | 9 replies
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21 October 2025 | 7 replies
Use Schedule E if you do not provide hotel level services.