Be the Bank: A Beginner's Guide to Mortgage Note Investing
Mortgage note investing is buying a loan below its unpaid balance. Underwrite to foreclosure, cap ITV at 60–70%, and hire a licensed servicer.
#bookkeeping
Bookkeeping
Modern bookkeeping techniques using plain-text and automated workflows
Bingo, Raffles, and Pull-Tabs: When Nonprofit Gaming Owes UBIT
Nonprofit raffle and pull-tab income is taxable UBI unless the IRS bingo or 85% volunteer-labor exception applies — plus W-2G and Schedule G rules.
Radon Mitigation Contractor Bookkeeping: Warranty Reserves, Retest Rules, and Job Costing That Survives an Audit
A radon contractor's pCi/L guarantee is a warranty liability — accrue it per install, split testing from mitigation revenue, and amortize licenses monthly.
Supper Club and Pop-Up Dinner Bookkeeping: Why Sold-Out Seats Can Still Lose Money
Pop-up dinner tickets are deferred revenue until the meal is served — book them as a liability, cost each event per cover, and never spend the float early.
Tunisia's Auto-Entrepreneur Regime Passes 10,000 Members: A Flat-Tax Playbook for Freelancers
Tunisia's auto-entrepreneur regime taxes freelancers 0.5% of turnover up to 75,000 TND, with no VAT and CNSS cover for about 20 TND a month.
Uniform and Linen Rental Bookkeeping: Amortize the Garment Fleet, Price by Route Density
Rental garments are fixed assets, not supplies: amortize them over 6–36 months, cost the plant per pound, and let route density set what the business sells for.
Vintage Clothing Reseller Bookkeeping: Why Your True COGS Is More Than the Thrift-Store Price
A thrift flip's true cost has five layers: price, prep, mileage, fees, shipping. Track them all, deduct only sold inventory, and reconcile 1099-Ks for the IRS.
Bounce House Rental Business Insurance: The Coverage Gaps and How to Book Every Premium
General liability won't cover your own inflatables in transit. The four-policy stack bounce house renters need, and how to book premiums under IRS rules.
Garage Door Installation & Repair Bookkeeping: Licenses, Warranties, and Job Costing That Protect Your Margin
Garage door shops hold 10–15% net margins by accruing a warranty reserve, loading labor with 35% burden, and logging truck stock and state licenses per job.
Glamping Business Bookkeeping: Nightly Rates, Seasonal Occupancy Math, and Payout Reconciliation
Glamping books run on nights × occupancy × rate: record gross payouts to match the 1099-K, hold lodging tax as a liability, and depreciate tents in 5–7 years.
The IRS Doesn't Need Your Books to Audit You: How Examiners Reconstruct Cash-Business Income
With missing records, the IRS rebuilds income from bank deposits, net worth, markup and unit volume — reconciled books keep the audit on specific items.
Juice Bar and Smoothie Shop Bookkeeping: Track Produce Spoilage per Ingredient to Protect Your Margins
A 70% smoothie margin can be 45% after spoilage. Log waste per ingredient, cost recipes on yielded produce, and book abnormal loss outside COGS.