I'll just add, that if you've done these types of deals or similar deals before, having accurate and up-to-date financials (aka bookkeeping records) for those previous deals to be able to analyze the numbers would be a great tool to use to make informed decisions about future deals.And, even if you haven't done deals like this before, keeping updated financials for the deal you're doing is going to be huge as you're making decisions throughout the rehab.We call these data-driven decisions.

Previously, I had been spending a LOT of money each month using Quickbooks and paying a bookkeeper to manage it for me.

I am a bookkeeper and love the Intuit portfolio products.With that said, i made the switch to Monarch.

If not, I recommend commissioning one and only taking their counsel on tax-specific questions.I have a list I keep updated and recommend through our REI bookkeeping firm if you don't currently have one.They can walk you through exactly what you can and cannot write off during these trips and what you need to document in order to write things off.It's not necessarily a simple "yes" or "no".

Alternatively you can have your bookkeeping track these things.

Hey @Isaiah Cortez, speak to an REI-savvy attorney who operates in FL (doesn't have to be located in FL but should know state-specific rules/regulations/laws).We see so many different entity structures for rental portfolios in our REI Bookkeeping Firm.Whatever you decide, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations. 

My wife is a bookkeeper and all her clients use Buildium but that too doesn't sync. 

Hey All, My name is Austin L Smith and I am a CPA offering bookkeeping to landlords, STR managers, and other Real Estate professionals.

When helping my clients with their tax returns and bookkeeping, especially when they have real estate properties, we usually obtain the land value directly from the county assessor’s website.

I didn't even realize at the time what lessons I was going to learn in the future my father was an accountant and an exceptional bookkeeper and a math genius to be honest.