(anyone but Clarksville Bookkeeping & Accounting..they're beyond useless.)

This is an off-market deal that one of our bookkeeping clients brought us.

It is so cheap to form one, book keeping will become so much easier. 

This saves us so much time and aggravation.5) Find an HVAC company and a plumbing that are use to working with landlords and who will schedule directly with your tenants.6) Get the bookkeeping done for your hud statements in whatever accounting/management system you select and keep up with the bookkeeping from the start.I actually love text for dealing with tenants... you get instant communication and a written record of all agreements.

I just wanted to see if others were doing this and get some pointers on how they learned proper bookkeeping for this type of business.

This would be a piece of cake for a CPA or a good bookkeeper, but here is quick description. - Property taxes that are realized (meaning you already owe them for the time period you owned the property) are expensed - If you have any property tax escrows, the escrowed part should go to the balance sheet until the tax is incurred and then it is expensed. - Rehab included in the loan. 

This will make it easy for an accountant or book keeper to tack the income because eventually, this income stream will need to be taxed.

Ex: book keeping, accounting etc.Thank you

Consulting my book keeper now!

I am looking for a good bookkeeper and CPA (can be the same person, or different -open to suggestions!).