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Updated about 8 years ago,

User Stats

36
Posts
19
Votes
Brien OConnor
  • Investor
  • Lampasas, TX
19
Votes |
36
Posts

Accounting Set Up Basics

Brien OConnor
  • Investor
  • Lampasas, TX
Posted

We already have one SFR and are about to close on the second one. Confession - I haven't set up my accounting yet. I have all my receipts and documents. I plan on using a bookkeeper and Quick-books. Any BASIC suggestions I can provide her. I don't believe she's done any bookkeeping for Rental Property. OR is there a tutorial available that some may suggest?

Second, do we need to keep the second home a separate entity in Quickbooks?

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