Secrets of Bookkeeping

San Diego Real Estate Investing & Real Estate Financial Planning™ Podcast

Learn the secrets to real estate investor bookkeeping and accounting in San Diego.

This class is Module 18 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What are the ways that real estate investors can use to keep their books (track income and expenses) for their real estate investing business?
• What is the one tool that helps you get and stay organized and allows you to easily share and back up all your digital files?
• How should you organize your physical/digital files to make it easier to manage the paperwork for your real estate investing business?
• For real estate entrepreneurs dealing with seller leads, what is the recommended folder/file structure for managing all your seller property information files? How does this change if you’re doing it with physical files versus digital files?
• Why do you insist on a specific file naming convention? And, what is that naming convention?
• What is included in a typical Seller Property Information File?
• How do you recommend setting up your property files for rental properties you own?
• What is typically kept in the general folder for all properties? What about each individual property file... what do you typically keep in those?
• What do you typically keep in each entity file?
• How do you process digital communications (emails, calls, texts, PDFs, etc)? How do you process physical communications (paperwork, mail, bills, letters, etc)?
• How do you set up your file system for tenants and property management?
• How do you set up your file system for taxes?
• What information will you need for each property to do your own taxes or to send to your accountant/CPA?
• Do we get to deduct the entire mortgage payment? How do we get the number we can deduct?
• Do we get to deduct the entire capital improvement? How much can we deduct under the safe harbor provision from the IRS?
• How much can we write off for each mile traveled associated with our real estate investing business?
• Plus much more...

Check out the video and additional resources related to Secrets to Bookkeeping.

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