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Updated about 6 years ago,
Help me make a great Christmas gift!
Our bookkeeping is a mess! So for Christmas, I’m making a binder to keep all our information in one spot. So far I’ve got:
By property:
Listing when bought
Copies of keys
Copies of leases
Move in move out condition checklists
Tenant tracker by month (to keep track of how they’ve paid rents, so we have accurate records for any future landlord)
Tax year receipts for maintenance/capex items
Operating expenses
income
Manila receipt folder
Deed
Insurance policy
Mortgage information
Financial statement, per property
Other:
Tax return 1040s, w2s, other income
Financial statement for portfolio
We currently have 5 doors and will be getting more. It will be nice to have everything in one spot to reference for CPAs, banks, and potential partners.
Thank you for any input! Happy holidays :)