Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

30
Posts
32
Votes
Mike Becher
Pro Member
  • Rental Property Investor
  • North Syracuse, NY
32
Votes |
30
Posts

Learning Accounting Basics

Mike Becher
Pro Member
  • Rental Property Investor
  • North Syracuse, NY
Posted

I'm looking to invest in my education in accounting. I have an ok/mediocre idea of what I'm doing. I'm extremely organized and precise with tracking income & expenses on an excel spreadsheet. I've read "The Book on Rental Property Investing" and adopted the excel format that matches the Schedule E (form 1040) form you fill out for tax time. I don't do my own taxes, and have been told by the person who does them for me that I'm tracking things well. But I want to understand more about accounting and the processes that go into it (instead of just performing the tasks I know need to be done), how to leverage taxes and just general specifics about accounting. 

I'd prefer an online class setting if there is something out there like that. A book or other resource is great too as long as it's not all theory and no practicality. In the end, I want to know what a business owner should know about accounting, the systems that should be in place, and the documents that should be on hand. 

Loading replies...