The ultimate goal is to reduce the likelihood of capital calls, while at the same time streamlining work for the bookkeeping team.Example: We're buying a 40-unit apartment complex (in Michigan) with an annual property tax bill in year 1 of approximately $50,000.

I use Baselane for all of my properties to do: banking, bookkeeping, guest vetting (MTR and LTR), draft leases (MTR and LTR) and collect rents (MTR and LTR).

I'm trying to figure out what to use for my cloud based bookkeeping and this post was very helpful.  

Hello everyone, I'm just wondering what bookkeeping software everyone uses?

What bookkeeping software do you all recommend?

Now is a great time to get your bookkeeping in order and set up for success as you acquire more properties.

From what I've seen both as an REI myself and the owner of a bookkeeping firm that serves REIs, it's very hard to qualify for lending using a rental portfolio's income.

Does anyone have any recommendations for a quality bookkeeper that can categorize transactions and generate reports on a monthly basis?

I have received a refund for a transaction that occurred in the previous tax year.
Specifically, this transaction occurred in May 2023, but I received the refund for that amount in January 2024. I’m struggling with h...

Great bookkeeping and a solid CPA in my corner have saved me a lot of money over the past few years.