When tracking hours for REPS or STR, how much time is it safe to add per day or session? Or is there a guide somewhere that lays out appropriate times & categories?
@Mason Kimball, CPA you nailed it, as you know we are in the middle of a very large catchup phase with asset protection, liability, bookkeeping so we are putting in a lot of hours behind a keyboard.
What accounting software does everyone use? From time to time I see a new product pop up in this space and its tempting to be distracted learning new ideas. Clearly we can't pivot for every cool new software idea, so Im curious if folks could share their fav and why?
I am a new LTR and STR owner looking for strategy and tax savings. The savings will be used to keep investing and move towards a portfolio build for retirement! My biggest hurdle is complete, making the move to join this community to gain expertise and wealth!
Ok community you can help us by taking this poll. We are currently trying to sort out this Insurance rabbit hole, and it would be interesting to hear who everyone is currently using. Reply if you Would like to add more context. Thank You!!
@Alissa Wied We have decided to go with them. Currently setting up now. Seems like the big thing is learning how to properly move money thru the entities. Now another learning curve. Thank you Alissa! 🤪