Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Bookkeeping do it yourself or hire
Hi BP members, am hoping the brilliant minds here can help me out once again. I did a search in the forum on bookkeeping and only three questions came up on bookkeeping none of which got a reply so here goes the fourth. As a general rule of thumb at what point do you bring in a bookkeeper at 10, 20 or 3O units or should someone typically be able to handle the books for 30 units, and at what point would you move from a bookkeeper to an accountant. Is there some financial point where if its taking you X number of hours its better to hire help ? Also while there are many sites to get an accountant there seems to be only a few to find bookkeepers. Really curious about how others are handling their accounting. In my case am only dealing with seven SFH and one active rehab. Appreciate the feed back.