Improper tracking of rental income means you cannot easily determine who paid for what and when. This tracking is critical in a real estate investment. Tracking your income starts with creating Income Items and Invoicing correctly.
Poor cash flow management is the ultimate business killer, especially when it comes to real estate companies.
As part of the Biden administration’s $1.8 trillion “American Families Plan,” real estate investors can expect changes to the 1031 tax code with regards to like-kind exchanges of investment properties.
How to avoid 3 common bookkeeping mistakes that impact the efficiency and financial success of your Commercial Real Estate Business.
Many investors find that purchasing a new commercial property is easy. But the next step, recording the purchase as a fixed asset in QuickBooks, can be complicated and confusing.
There’s an ongoing debate among commercial property managers: should we be invoicing our tenants monthly? After all, tenants should already know how much their rent is and when it’s due. This information is in their lease and it doesn’t change. Shouldn’t we save time and resources by skipping these recurring invoices?
The Future of Commercial Real Estate COVID-19 has dramatically affected the future of commercial real estate (CRE). As cities and businesses begin to reopen in a post-pandemic world, the industry is facing never-before-seen challenges that require innovative thinking and solutions. The decisions your business makes now have the power to make or break the success […]
Common area maintenance otherwise known as CAM reconciliation is an essential part of managing commercial real estate.
By now, many savvy real estate owners and investors are aware of cost segregation studies. These studies allow owners to accelerate depreciation and reduce taxable income in the early years of ownership.
Imagine your office free of paper checks… Then imagine what you could do with all the time you’d save if you weren’t processing checks by hand. Saving time with a streamlined payment system is one of the Benefits of ACH for Commercial Real Estate.