I am not an accountant but I used to run a larger business that had its own accountants and bookkeepers, so I am very familiar with Sage.

I have my hands full and have wanted the time sink that is bookkeeping off of my plate for a while now!

I also started working with a Property Management/ Real Estate Firm and am helping with bookkeeping and growth of both the PM side and the real estate side.

a) Office Supplies (e.g. stamps, envelopes)   b) Software   c) Gas/Mileage   d) Advertising + Payroll   e) Concessions   f) Lease loss   g) Lease renewal fees12) Lawyer/Law office/Legal fees13) Accounting/Bookkeeping/CPA/Tax preparer/Tax advisorIf after including all these expenses, I manage to get $100/door, I call it good.

@Bobby SteadI use rentec to do all the bookkeeping for my real estate.

Today I sat down and put some preliminary goals on paper:Short Term:Start REI Business - Setup LLCLook for Properties that when analyzed have 20%+ Cash on Cash Return and $200/month Cashflow.Build Business Team - PM, GC, CPA, LawyerBuild Investor Team - Bird Dogs, Wholesaler, Rehab Specialist, Landlord, DevelopersMedium Term:$3000 / mo Passive Income  - 15 Units w/ $200/mo CashFlowLong Term:-Replace Job income with Passive Income from REI Business-$6000/mo Cash Flow-30 Units w/ $200+ CashflowStarted Taking Action today and so far:Found potential bookkeeper with accounting degree.  

- Are there any good programs to do bookkeeping, am I able to do taxes and bookkeeping myself or would you recommend seeking professional help?

You also need to have proper bookkeeping, separate account, and proper operation procedures to avoid piercing its veil.Taxwise, these structures are tax neutral and could even not require any other tax reporting if your WY holding is disregarded for tax purpose.However, you can also improve the basic structure by adding some other features, like a management corporation in the middle, that can offer you some tax advantages and ancillary benefits.Also, when creating such a structure, it is often recommended to have estate planning in mind as it is easily incorporated in it.So ideally you would like to talk to an asset protection, tax, and estate planning attorney as all three fields should work together to make a comprehensive solution.

Hello, any recommendations for a real estate bookkeeper in Columbus Ohio? 

Are you looking to have your bookkeeping done or are you also looking to have your taxes done as well?