BOOK KEEPING! Best Practice!

[Kyle Ross]

HEY GUYS AND GALS!

First off check out my about me to see what I'm up to. 

I'm very thorough about research and cant find anything decent about BOOK KEEPING. 

So far I have found Rentastic (program) (vs QuickBooks) to track or using excel but have not found a good explanation on the topic for taxes

I found the DIY landlord on Youtube that explains schedule E and the categories. 

So basically can anyone recommend a good video, person, explanation, an excel spreadsheet anything would be great. 

Thank you guys for your help! 

[Mike Smith]

@Kyle Ross I would second what @Aaron Zimmerman said.  You should learn accounting and Quickbooks if you want to be a real estate investor.  Many people don't want to use Quickbooks because they don't want to learn accounting fundamentals.  Whether you eventually hire a bookkeeper, or you input data into Quickbooks for the rest of your life, you need to understand accounting fundamentals.  Many unsuccessful entrepreneurs use accounting for taxes only.  Successful entrepreneurs use accounting to understand their business on a weekly or monthly basis.