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Updated almost 3 years ago on . Most recent reply
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In need of Tracking Software?
Hello, quick question. I’m looking to qualify as a real estate professional for tax purposes. My wife and I own 3 rentals and I self manage them so I’m positive I’m hitting that magic 750 hour mark, also stepped away from my W2 late in 2021. My concern is tracking the time in case we get audited. Is there a simple but effective software or app that folks are using to track expenses, and log hours spent managing your rentals? I’ve searched some of the forums but there were a lot of mixed reviews and most folks had other needs, like collecting rent, etc. I’m looking for something simple that isn’t spreadsheets. We plan to add to our portfolio but it will most likely be 1-2 properties a year for now. Thanks