Not because of QuickBooks, but because of general principles of REI bookkeeping.

.), figure a way to streamline the process of managing your properties so you can scale (bookkeepeing, rent collection, how you plan on handling repairs, etc.), etc.Personally I started off leveraging and acquiring properties in a short amount of time.

Most people know my investing situation and know that my partner handles most of the day to day operations while I handle the bookkeeping, website and other “behind the scenes” activities.

We keep a bookkeeper on staff but the buck stops here.

. $27/ year for book keeping software is the best deal in town these days.

However it was a tough sell because of most Timberland owners in the PNW that are not professionals are every day farmers and you talk tax planning and it kind of goes right over there head.. then they go to their bookkeeper who never heard of it etc etc. 

Can you please tell me if hou use difeerent software for your property managment and your company's book keeping?

.#7 – PaperworkActive investments are paperwork-heavy, from the initial purchase of the property to tracking purchase and rental agreements, bookkeeping, and legal documents throughout the project.With passive real estate investments, on the other hand, you typically sign a single PPM (private placement memorandum) to invest in the property.

I know I can use QB (or similar software) to automate some of the bookkeeping side (bank account imports, expense tagging).

I also use Bench for my bookkeepers as its saves me time