Do your "3 Easy Steps" in both Investor Books and Tenant Tracking
1 min video
QuickBooks For Real Estate Investors
QuickBooks For Investors America's Only Complete System For Real Estate Investors using Quick Books Pro
Do your "3 Easy Steps" in both Investor Books and Tenant Tracking
1 min video
All kinds of great new features in QuickBooks Pro 2013 will make real estate investors’ life easier, faster, and simpler!
While reviewing and conducting some research with my staff, you will love these new features and how to implement them.
They will be shown in detail, with step by step, implementation and after I show them to you, 2 students in the class will join me at the front of the class to show you how easy these features can be turned on!
Mike
FREE Financial Calculator for your Cell Phone and How to Use It!
12 minute video shows you how to get the Free Financial Calculator
💡 NOTE
To VIEW LARGER – CLICK ⛶ on the lower right corner of the video
15 min video
QUESTION from Joe:
Hi Guys. In need of some investor books help. here are my questions:
1) In need a video/instructions for creating intercompany transactions.
For example, we have multiple LLC and each LLC has its own tax return.
If all owner capital contributions are deposited into LLC1, then are transferred through bank transactions to LLC2 or LLC3, how do I set up my chart of accounts for that transfer?
2) At year end, how do I clear out the Income Statement for all the entities to Retained earnings?
Remember the Income Statement is organized by class (not separate accounts for each property), so how does that end of year Income Statement get put in the proper retained earnings accounts?
Thank you,
Joe
How to enter daily late charges in QuickBooks Pro using Tenant Tracking
29 min video
How to Enter a New Tenant in QuickBooks Pro using your Tenant Tracking Company file
This video shows you how to enter a Brand New Tenant (or Loan Customer) into Tenant Tracking, your complete property management tool and software.
11 min video using QuickBooks Pro 2016
How to Enter Tenant Chargeable Repairs in QuickBooks Pro using Tenant Tracking
24 min video
How to properly enter Late Charges in your Tenant Tracking QuickBooks Pro company file
2 min video
QUESTION:
Mike,
...first, thanks for the article on how to handle tenants who include you in their bankruptcy...
We manage and operate a commercial mixed use property with about 50 tenants. Cash accounting is the method used. When a tenant vacates prior to the expiration of the lease owing rent and costs for tenant damages, can we write off the loss for tax accounting purposes?
Thanks,
Simone