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How to Record Mortgage Payments in Quickbooks Online

 

Mortgage Payments can get complicated. We have interest, principal...sometimes even an escrow account. But we need QBO to accurately reflect our mortgage balance. Check out this video where I show you exactly how to add mortgage payments to your books (I even include a game-changing shortcut!)

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How to Deal with Owner Investment and Spending in Quickbooks Online

 

Every business owner will contribute cash to their own business. This can come in the form of a capital infusion, or just using your personal card for business expenses. This video demonstrates how to track such expenses in QBO.

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Quickbooks for Real Estate: Don’t Make this Mistake

 

Your Chart of Accounts is the backbone of your bookkeeping architecture. Don’t fall into the trap of creating a “one-dimensional” COA. Prepare your business to scale with a 2-dimensional Chart of Accounts.

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Quickbooks Online: Transferring Funds between Entities

quickbooks Jun 11, 2021
 

Multiple Businesses in one QBO Plus Subscription!!! Such a game-changer! But there's a catch..you MUST be careful with inter-company transactions. Watch this video and you'll be all set!

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Real Estate Investing Analytics - Superpower your QBO Data...and so much more!

 

Check out Stratafolio here!

Real-time, accurate data is essential to making pro-active decisions for your real estate investing business. If you're really looking to scale, QBO alone isn't enough! Stratafolio adds real-time financial analytics as well as Loan Mgmt, Operations Mgmt and Investor Mgmt...all in one easy-to-use platform.

In this video, I'm joined by Stratafolio Co-founder, Jeri Frank. Jeri demos her super powerful (and I must say, beautiful) Stratafolio platform to show us how we can have all our crucial investment data right at our fingertips.

I hope you enjoy as much as I did! I urge you to visit the Stratafolio site...you can schedule your very own, personal demo! Also, feel free to comment on any questions regarding the product. Jeri and I will be quick to respond!

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Quickbooks for Real Estate - Dealing with Unapplied Cash Payments

 

QBO is invaluable when it comes to prepping for taxes. But what are those weird "Unapplied Cash Payments" all about? In this video, I shed some light on these elusive accounts to help you understand why they occur and how to deal with them.

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How to Enter Deposits from Property Managers using Quickbooks Online

 

You’ve hired a property manager...but you still need to track your rental revenue and expenses. In this video, I demonstrate how you can translate your Property Management statements directly to QBO

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Set up an Advanced Amortization Schedule

 

Per your specific request, here is a super helpful tutorial on how to set up an Advanced Loan Amortization Schedule in Google Sheets (or excel). This lesson demonstrates how to account for additional principal payments throughout the loan. Play with the numbers to figure out your revised payment schedule and how much you can save over the course of the loan!

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Setting Up and Applying Automatic Late Fees on Quickbooks Online

 

If you're in the Rental Property Management game, your likely charging your tenants late fees. After all, you get charged late fees on your bills/ mortgage payments....your tenants should carry that burden as well! With Quickbooks Online's new "Late Fees" feature, we can now set up late fees to automatically get added to past due invoices. Check out this video where I break down exactly how to set this up!

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Quickbooks Online for Real Estate Investors: Classes vs. Customers

 

It's time to settle the ongoing Quickbooks/ Real Estate debate! How do you separate project-specific reporting? By customer or by class? Here I discuss the pros and cons of each strategy while ultimately delivering my personal recommendation... (Hint....the customer is always right!)

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