Payroll, bookkeeping, etc can mostly be done remotely.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.

You would simply issue him a 1099-INT for interest on the funds.You need to know you are required to do bookkeeping and maintain financial statements as a corporation.

Alex - you may not need an attorney, or at least not just yet.I would think a CPA would be able to advise you on the pros and cons of one entity versus another, so I'm surprised your current adviser was unable to provide this information.Currently, my team includes a bookkeeper, who works for me one day a week, two CPA's, six (6) attorneys who do everything from basic filings to litigation, as well as a pension advisor group.Attorneys, like plumbers, can get expensive very quickly.

I wanted to get some opinions on that bookkeeping service verses other bookkeeping services that may be better.Please let me know.Thanks,Peter  

If you don't utilize a 24/7 hotline already to take all tenant maintenance requests you could use this person as your assistant/secretary/bookkeeper/inbound call request person (if they can handle those sorts of tasks) while you focus on expanding the business. 

It seems from what I'm reading the single LLC can get a little hectic with all the different properties balancing bank accounts, bookkeeping, taxes, etc.  

Plus I hired a book keeper now in addition to the CPA therefore my hands are mostly free for the future. 2019 taxes will be filed on time or possibly early.

I'm about to acquire a smaller facility (108 units) and I'm looking for someone to handle our books for us. We will be using an online property management software with the majority of a rental income being online wit...

This is a really handy introduction to landlord bookkeeping.

I’m not as good at bookkeeping as I should be and that can get you in trouble.