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4 December 2017 | 24 replies
Even if you "manage" your properties, you should have others that are doing the day to day maintenance, book keeping, evictions, etc.
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27 May 2019 | 12 replies
As for income/expense items (capital, assets, etc), I currently do my own bookkeeping, so I have reviewed the IRS documents pertaining to rentals and deductions and such.
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2 September 2017 | 13 replies
Will help you save for the income property while getting used to 'dealing' with a tenant and getting used to the bookkeeping and tax side of things as well.
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6 September 2017 | 42 replies
Once I close on a multifamily property, what are the key operational tools needed for bookkeeping, rent collection, tentant screening, maintenance scheduling, etc., that I need in place in order to "keep the lights on"?
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9 January 2024 | 4 replies
@Vitalii LunkoI use Excel for my bookkeeping, and MS Project to document my tasks.
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5 March 2018 | 4 replies
I feel like it would help my accountant out and cut the book keeping costs down opposed to handing him a stack of receipts & statements.
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12 October 2017 | 2 replies
There are tax accountants, bookkeepers, financial advisers, transactional service consultants, etc.
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2 November 2018 | 5 replies
Ideally, the CPA does bookkeeping as well.In regard to legal costs, it varies from attorney-to-attorney.
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15 January 2019 | 1 reply
The plan is to manage a few properties myself to get my systems in place then hire someone to do showings/book keeping on the software,I know this will be a constant work in progress and I will adjust things as I go but 2 things I want to get strait before I start...Legal - I have reviewed fair housing laws and will have my employee do the same - but incase legal issue/questions or evictions come up should I contact an attorney now?
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4 January 2015 | 2 replies
I think you got your answers above but I do recommend the book. Keep