Keeping track of taxes
Targeting all investors:
Taxes are important. You can write off a lunch conference and save lots. I’m targeting those who really keep track on the tiny expenses to the big ones on a daily basis. Even if you have a book keeper, you need to keep track of those payments to give them regardless.
-When you make payments for your real estate business, how do you keep track of your payments?
- Do you write them in a notebook strictly for tax purposes?
-Do you tally it up at the end of each month?
- Do you use an online platform? If so, which one (s)?
Looking for as much feedback as possible! I would love to hear tips and experiences you have had with taxes.
Most Popular Reply
- Tax Strategist| National Tax Educator| Accepting New Clients
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If you have a bookkeeper and just use a dedicated account they handle it all.
Stessa though is my reccomndation.
And use a dedicated account.