Build Your Team: Build a team of experienced professionals capable of handling property management tasks such as maintenance, leasing, bookkeeping, and legal compliance.5.

I attempt to run all charges through each bank account for accurate bookkeeping.

Having clearly defined roles (i.e. one person is the fundraiser, one person focuses on marketing, one person builds the support team, one person does book keeping and budgeting) is something that can help keep partners working towards the common goal without stepping on each other's goals.

I got to learn first hand how to be a landlord(marketing, showing property, screening tenants, power of a good lease/the signing process, move in/move out checklist, file keeping/bookkeeping, collecting rent, and much more nitty gritty stuff lol.

QBO to manage book keeping for CPA.

Hi,I am looking for a RE CPA hopefully with bookkeeping service as well.

I personally use Quickbooks to track my rental items.However, excel is more than sufficient if you are just starting out and don't want to spend the money for an accountant/bookkeeper.

Many of the items you are asking about should be fine to write off but it sounds like you need to find a good bookkeeper and/or CPA to give you some guidance here.

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.

What do you do for book keeping for your first rentals?