• Sun. Dec 22nd, 2024

accounting/income-expenses

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Landlording Income & Expenses: track them like you run a business!!

The longer I own rental properties (about 8 years now), the more fellow landlords I have the pleasure to meet and converse with on the pains (many) and pleasures (few)…

Rental Properties: Should I use an accountant or tax preparation software?

One question that I have repeatedly gotten is if accountants are worth it or should a landlord just do it on his own, when it comes to income tax preparation.…

Better ways to track your property income and expenses

The first year I purchased a rental property, I think the “shoe box” method was what I had used most of that year to track the property’s income and expenses.…

Rental Property Income & Expense Tracking

Invariably, one common question that new landlords almost always ask is, “What is the best way to track my rentals’ income and expenses?” Basically, there are three ways to routinely…