Question from Michael J.

I just got your program in December.

I have 15 units.
– 2 single dwellings,
– 2 duplexes,
– 1 4plex,
– Victorian with 5 units.

I currently use Excel documents to keep track of stuff. tax season is not fun for me or my CPA.

 I agree, this will make your tax time a breeze.. the hardest part is your transition and getting all set up properly

Would it make sense for me to input this year’s stuff from January to December.
– of course for 2017, but I assume you mean for 2016? Click to Access Video or Read More

QUESTION from Anthony:

I have a question I cannot find the answer to.
I get bills in on properties, (Ex. Electric bill). In the training documentation it says only to use the bills feature for things like Home Depot credit accounts.

What will go wrong if I use the Bills feature for all bills that come it. I ask b/c it helps me remember what is due.

Is there a better way to remember bills?

Some are monthly, some are not….Ex. new electric service at a house I am re-habbing. I may only have the service for a couple of months but need to remember to pay it.

I know I can use the memorize bill feature, however this does not give me a rundown of what I need to pay like the bill feature does. As my business gets bigger I may not be able to remember everything that is due.

Thanks, Anthony

ANSWER:

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How To Set Up Your Escrow Accounts for Your Mortgage Payments

short 12 minute video shows you how to do it

CLICK the Lower Right Corner to VIEW LARGE

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Major tax changes expected under Trump Administration

One month after the presidential election, taxpayers are learning more about President-elect Donald Trump’s tax proposals for his administration. Although exact details, including legislative language, are likely months away, taxpayers have a snapshot of the president-elect’s tax proposals for individuals and businesses.

Note. At the time this article was prepared, the primary descriptions of President-elect Trump’s tax proposals are on his campaign and transition websites. The materials on these websites are not the same as legislation, which would amend the Tax Code. Rather, they discuss the President-elect’s tax proposals in very general and broad language.

Tax reform

Tax reform has been a regular topic in recent years. Click to Access Video or Read More

Question from Greg J.
———————–
QUESTION: Mike: Please clarify for me and my staff,
the best way to handle a vendor where
we receive approximately 15 invoices each day from them
and we have 65 classes.

One invoice may go to more than one class.
We do want to avoid errors and not handle paper more than once.
Thank-you

ANSWER: Excellent question Greg!
and your question reminds me of my pain from years ago.

This article or video is for members only!

Click Here To Access Video or Read More

How To Properly Handle

Section 8
11 min video

click lower right corner to VIEW LARGE SCREEN

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TENANT TRACKING – Getting Started QB Pro 2016

do this first

4 minute video – To VIEW LARGE, click lower right corner on video

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