Real estate bookkeeping provides specialized financial recordkeeping and accounting for real estate investors, landlords, and businesses: tracking income and expenses, managing property-level accounting, preparing financials, supporting tax filing, and maintaining the records that real estate...
Log in to followLandlord client, four doors, full tear-off and replacement on one of them, invoice is $9,400 and says "remove existing shingles, replace decking as needed, install new roof." He w…
Five years into running a small service business, I've found my own books are simple enough that I do them myself in an afternoon a month. Now I've picked up two rentals and a fri…
Four rentals I own directly plus a handful of LP positions in syndications where all I get is a K-1 once a year. I'm currently running the rentals in a spreadsheet and it works un…
$240,000 purchase, and the settlement statement has about $6,300 of items on my side that I don't know what to do with. Loan origination $2,400. Title and settlement fees $1,150.…
Two single family rentals, both closing under the same LLC. I read a thread where someone said you don't need separate bank accounts per property because you can use class trackin…
I lend rather than own, and I've got two private notes I'm carrying. The servicer sends me a statement every month showing what came in and what got remitted to me. As far as I ca…
I've got two landlord clients on the books now and I priced them both at $150 a month flat, which I'm pretty sure was a mistake. One is nine doors inside a single LLC, one operati…