Archive for March, 2009
Rental Properties: Should I use an accountant or tax preparation software?
Yazan: landlord | 11 March 2009 | 3 Comments
Categories: accounting/income-expenses
Close Bookmark and Share This Page Save to Browser Favorites / BookmarksAskbackflipblinklistBlogBookmarkBloglinesBlogMarksBlogsvineBuddyMarksBUMPzee!CiteULikeConnoteadel.icio.usDiggdiigoDotNetKicksDropJackdzoneFacebookFarkFavesFriendsitefolkd.comFurlGoogleJamespotJeqqKaboodlekirtsylinkaGoGoLinkedInMa.gnoliaMister WongMixxMySpaceNetvouzNewsvineoneviewOnlyWirePlugIMPropellerRedditSegnaloShoutwireSimpySlashdotSurphaceSphinnSpurlSquidooStumbleUponTechnoratiThisNextTwitterWebrideWindows LiveYahoo!Email This to a Friend Link HTML: Permalink: If you like this then please subscribe to the RSS Feed.Powered by Bookmarkify™ More »One question that I have repeatedly gotten is if accountants are [...]
Better ways to track your property income and expenses
Yazan: landlord | 10 March 2009 | No Comments
Categories: accounting/income-expenses
The first year I purchased a rental property, I think the “shoe box” method was what I had used most of that year to track the property’s income and expenses. Basically, I saved all of the receipts and rent envelopes that I received in a shoe box (actually I think it was an expand-a-file). At [...]
Your profit is determined by your purchase price
Yazan: landlord | 04 March 2009 | 1 Comment
Categories: buying rental property, landlord skills, management and motivation
I just wanted to do a quick post on the importance of paying the right price when you purchase a property.
Here is an example. I am bidding on a smaller multi-family apartment complex of about 15 units. The current owner had bought the property for about $730K, four years prior. Maybe [...]
