Bookkeeping may not be your idea of a pleasurable activity, but we hope to help make it a little less dreary by sharing some quick and easy ways to make it more efficient (and make your business more profitable.) (more…)
Summary: If you haven’t heard, bonus depreciation is being phased-out over the next several years! Whether you’re an experienced investor or a newbie, you’re going to want to know how this is going to impact you as a real estate investor. You might be wondering, does this mean it’s not worth doing a cost segregation study anymore? What about real estate investing in general? In this article we’ll answer these questions and more! (more…)
Summary: Real estate bookkeeping is so much more than recording financial transactions in a ledger. In fact, real estate bookkeeping is the real MVP for speeding up your journey to financial independence. When you set up your books the right way, you’ll be able to increase the cashflow of your properties in strategic, focused ways. (more…)
[photo credit: Christina Tran] Summary: For many business owners, bookkeeping isn’t something you embrace. It’s something to avoid and maybe even run from. That’s how it was for me for many years. It wasn’t until more recently that I realized how powerful a tool it can be for growing your rental business if done correctly. I also realized that there were very few people out there who could teach me how to do it the right way. So we collaborated with bookkeepers and accountants to develop a course that would teach me how to get my books done correctly the first time. Our course launches on October 2nd! (more…)