I can check with my bookkeeper or can provide you her email and she will be able to help.Sharad

The other side is the leasing and bookkeeping side.

However, you must be a meticulous bookkeeper, and be able to track in-and-out cash flow from your account.

It is a good idea to have bookkeeping records in order to see what your profit is from month to month.

Posting here since it's tax/accounting related - this isn't a review but figured I'd try to be helpful before getting to the reason of my post - I got the KISS Guide to Bookkeeping by John Hyre and have found it to be a good starting place for RE accounting/taxes.

Continue to work my bookkeeping business as a side hustle , while learning as much as I can in real estate investing.

(Which are current and which are capitalized is another question though…)  Even though it looks like a moot point now that I've finally taken care of my bookkeeping, I though a paper loss wasn't out of the question.

Payroll, bookkeeping, etc can mostly be done remotely.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.

Do you need help with both daily bookkeeping and end-of-year tax filings?

They offer more than just bookkeeping.