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Updated over 7 years ago on . Most recent reply
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Documenting expenses prior to renting out your unit.
Hi Everyone,
I recently closed on my first investment property and have contracted a painter to do the entire interior. I also have a different handy-man fixing up things here and there. The problem I find myself in is that I see myself going to the local hardware store and buying things on a constant basis but no consistent place to log the expense, such as a spreadsheet of some sort.
I imagine I am not the first to come across this problem, do any of you have a template I can use or recommend one that will allow me to itemize my expenses.
Thank you,
Jose Corbea
Most Popular Reply
Google Drive/Google Sheets will solve all this. I keep track of all my invoices, receipts, and upcoming payments with their services and can't imagine doing it any other way--it's so convenient as the apps are right at your fingertips. Utilizing the power of the cloud is something not enough people do, but it's amazing to be able to just log into my email and have all my important data stored there securely.