Episode 78: Bookkeeping and Accounting Tips for Landlords

A gold-colored background states the title " Bookkeeping and Accounting Tips for Landlords; Episode 78.โ€  There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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Join us on this episode where we are discussing bookkeeping and accounting tips for landlords, where you can learn to operate a profitable rental property portfolio where you can grow and scale your properties.

It is just like any other business.  You must maintain good records that will in turn enable you to evaluate and understand your propertyโ€™s performance and your return on investment or ROI.

Listen, we know this is not a sexy topic.  But managing your records and finances for your rental property properly can lead to significant tax savings, more rental income, lower expenses, and thus, better profitability.

This episode covers why consistent bookkeeping is so important, what you should be tracking, creating a budget, and tips on setting up your books and accounts.

And in true fashion, we had so much to say that next week we will continue this conversation and discuss the accounting software that is available to rental property owners and self-managing landlords.

๐Ÿ‘‰ EP51: The Hidden Dangers of Using Cash Apps to Collect Rent

๐Ÿ‘‰ EP28: The Cash Reserves Blueprint: Protecting & Expanding Your Portfolio

๐Ÿ‘‰ Episode 77: Adding Value to Your Rental Property for Appeal and Profitability

๐Ÿ‘‰ Episode 45: Basic Tax Strategies for Real Estate Investors

๐Ÿ‘‰ Episode 46:  Advanced Tax Strategies for Your Real Estate Portfolio

๐Ÿ‘‰ Episode 7: A Guide to Move Out Procedures and Security Deposits

๐Ÿ‘‰ Episode 35: How Small Gestures Make a Big Difference with Tenants

๐Ÿ‘‰ WealthFront: Earn 5% on a no strings cash account.

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Kevin@YourLandlordResource.com

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