Also, @Shawn Dandridge I would generalize and say that most PMs in the area charge anywhere from 8-10% of gross rent + one months rent for tenant placement + application/processing fee + some sort of yearly fee for all the bookkeeping/accounting etc + some sort of cash reserve for repairs/ emergency....

The equipment costs nearly $30,000.Apparently the book keeper at my client did not understand 1099's, what goes into it, and I heard the controller whom I gave the invoice told his book keeper, "don't issue a 1099 on this", but he did it anyway.

2/ Handymen3/ Software for bookkeeping and property management 4/ Insurance (landlord+flood)5/ Any other pro-tips and lifehacks?

They do my bookkeeping, taxes and have helped form my LLCs.

Would appreciate folks' opinions on the platform or on any alternatives you use for banking or financial workflows (bookkeeping, etc).

If you are scaling and not an Accountant, I would look to outsource Bookkeeping.

Accounting and Bookkeeping: Keep meticulous records of all transactions, expenses, and income for the LLC and your personal finances.

I like to have a separate checking account for each property, it makes things so much more simple from a bookkeeping standpoint.

They can get you a CC and bank account for your LLC so all income and expenses will flow through these two accounts for the property making your bookkeeping extremely easy and simple.

I would also aporeciate knowing how much yall pay your accountants and what your bookkeeping process usually looks like?