One of the most common questions we get from investors is:“Which level of QuickBooks do I actually need?” It’s a fair question. Intuit does not make it easy for the average small business owner to figure this out. Before we dive into QuickBooks Online (QBO), we need to briefly talk about QuickBooks Desktop. What Happened...Read More
If you’re a real estate investor using QuickBooks or another accounting system, you may have encountered Accounts Receivable (AR) and Accounts Payable (AP). These are powerful tools in traditional businesses, but for most rental property owners, they’re more trouble than they’re worth. Let’s break down what AR and AP do, why they often don’t make...Read More
Whether you are investing in your first duplex, or own a large portfolio of small multifamily properties, you should always have tax plan in place. One of the biggest payoffs to owning real estate are the tax benefits that come with rental property ownership. Most new investors, and many experienced ones as well, don’t fully...Read More
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