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Updated about 8 years ago, 11/17/2016

User Stats

12
Posts
6
Votes
Tina Allaire
  • Real Estate Investor / Agent
  • Cary, NC
6
Votes |
12
Posts

Expenses by property - an accounting question

Tina Allaire
  • Real Estate Investor / Agent
  • Cary, NC
Posted

How do you keep your rental property expenses separated by property? I am trying to come up with a good system that doesn't require a ton of work on my part.

Do you have a separate credit card for each property? Do you go through each transaction and classify it to the correct property? 

By the way I have vacation rental properties so I end up having a lot of transactions I would like to classify by property.  

Thanks in advance for any feedback or advice!

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