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Updated about 8 years ago, 11/17/2016
Expenses by property - an accounting question
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!