17 November 2025 | 18 replies
All your P&Ls would show up on your Schedule E on a property-by-property basis.
5 November 2025 | 17 replies
Yes, QuickBooks Online for owner-level books + your PM’s Buildium for tenant/operations is the best combo.QBO structure: use Locations = each property; Classes = Owner vs PM activity.Chart of accounts mapping: mirror Buildium’s categories (rent, repairs, utilities, fees) so imports line up 1:1.Monthly workflow: export Buildium GL/owner statement → import to QBO (journal or detail) and tag to the right Location.Keep these in QBO (not Buildium): mortgages/escrows, insurance, pre-PM repairs, licenses, mailbox/RA, general overhead.Bank feeds & rules: auto-tag recurring spends; reconcile monthly.Outputs for lenders/accountant: P&L by Property (Location), Balance Sheet, Cash Flow, Debt Schedule, and a Schedule-E pack.
28 October 2025 | 12 replies
Use Schedule E if you do not provide hotel level services.
16 November 2025 | 17 replies
Quote from @James Hamling: @Don Konipol have you ever ran into: The Desperate Discounter - He's calling, texting, e-mailing again; wants to talk, says he "needs" a deal, is seriously looking, gotta connect.
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.
5 November 2025 | 34 replies
The agent forgot to include a clause in the offer that before they buy that they need to sell If you can prove that you requested the agent to put in this clause and agent did not, my view is the agent has some responsibility.However, you signed (or e-signed) the offer.
19 November 2025 | 383 replies
Please send a demand letter to Crew - template here (https://drive.google.com/file/d/1Lzyf1YcngYEvW36P2Jr7xXsTiLqtPz-E/view?
28 October 2025 | 11 replies
Keep each property in its own LLC, and report STR income as business income on your Schedule E or Schedule C (depending on your level of activity).6.