bankaccounts

Simplify Your Accounting by Using Separate Bank Accounts

Sep 13, 2017

I know I talk about the value of having separate bank accounts quite often, and I may seem like a broken record, but it is only because it is still one of the easiest suggestions I can make to my clients to take the accounts from stressful to simple.  As you your portfolio scales, your systems […]

recordkeeping

Why Recordkeeping is Essential for Landlords

Sep 7, 2017

While important for most industries, recordkeeping is absolutely critical for landlords—among other things, it can keep you out of a major legal snafu! Here, on behalf of The Real Estate CPA, I provide reasons why keeping records is so essential for landlords. Before knowing why record keeping is essential, you should probably know what records […]

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Top Five Financial Mistakes That Can Break Your Real Estate Investment

Sep 3, 2017

Real estate investment—a financial path fraught with blunders, trials and tribulations but a lucrative path nonetheless. Thankfully, it doesn’t have to be as tough, if you know what to avoid. Here we provide an expert’s insight regarding the top ten financial mistakes that can break your real estate investment, and how to avoid them! Buying […]

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Tips and Tricks to Make your Accounting Less Stressful

Aug 15, 2017

The accounting function for rental real estate is quite different than that of any other business. It’s not as simple as “money in = revenue; money out = expense.” Instead, accounting entries are much more complicated and convoluted. This article will provide you with accounting tips that you can use to streamline your accounting function. […]

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Accounting Hacks for Small Landlords

Jun 14, 2017

Having a well-designed accounting system sets your real estate venture up for success. Here, I share some tips and tricks to set yourself up well when accounting for your rental properties. Create a Foundation for Success Without a strong foundation, your house will collapse. In the case of accounting, your foundation is your set of […]

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2017 Guide to Upgrading Your Accounting System

Jan 13, 2017

We’re a week into 2017 which means you’ve thought about or already set your New Year’s resolutions. Because you are in the business or real estate industry, you’ve likely heard, and potentially subscribed to, the fact that many New Year’s resolutions fall flat. Today I’m going to help you set in motion changes to your […]