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Updated over 3 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Hunter Warren
  • Investor
  • Fort Collins
2
Votes |
13
Posts

Bookkeeping and Accounting

Hunter Warren
  • Investor
  • Fort Collins
Posted

Hello! 

It's almost been 1 year since I bought my first property that I've been house hacking here in Fort Collins, CO and I'm planning on buying another one in a couple months, but I am wondering how to keep track of business expenses in an efficient way. I have a business debit card for my current property which makes things easy - every payment/charge on that card belongs to this property. Do I get new credit/debit cards for each property (this option sounds less than ideal)? How would I be able to keep close track of expenses if I just use 1 card for all of the future properties? 

How do you keep track of expenses on multiple properties?

Most Popular Reply

User Stats

18
Posts
16
Votes
Shari P.
  • Rental Property Investor
16
Votes |
18
Posts
Shari P.
  • Rental Property Investor
Replied

@Hunter Warren I use REI HUB to track everything and it's easy to learn and inexpensive.

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