Is a security deposit regarded as income for bookkeeping purposes?

As we start doing more projects, we will hire bookkeeper, and shift things a bit.

Our Judge in eviction court here would never grant per day fees on top of the late fee past the 5th of the month but it's good to have it in the lease as it motivates some tenants to comply with timely payments.Tenants that make partial payments  you can tell them the rent is going up because of having to pay extra for bookkeeping costs.

Licensed Property Managers must have strict bookkeeping and accounting practices.

I am doing bookkeeping for my rental business and am interested in flipping business but can you bookkeep flipping business by yourself?

Here is the sad story of another ambitious (or maybe reckless is a better word) start-up attempting to automate bookkeeping and predictably falling on their faces.

It also depends on the structure you want/can put in place and the associated costs, the equity amount you want to protect (50K might be high for me, but you might not blink till higher than 500K), your risk tolerance, all subjective measures.If you group them together in a LLC, or if you use a Series-LLC, as long you keep clear bookkeeping/accounting, you can have multiple using the same bank account.

I wholesaled a property and charged an assignment fee of $5800.I took back a note and my buyer is paying me $300/mo a month until the note is paid off.My bookkeeper is having a very hard time how to record this in Quickbooks?

I been struggling to find a good solution for STR professional bookkeeper we have a STR management company with 100+ doors if anyone knows someone that has experience or can handle the capacity please help.

.#11 – Back Office Paperwork and TaxesActive investments are paperwork-heavy, from the initial purchase of the property to tracking purchase and rental agreements, bookkeeping, and legal documents throughout the project.