Basic Principles of Rental Property Accounting
Banking Create a bank account for each individual rental property, along with a debit card or credit card. This makes it easier to track transactions by property and avoids the risk of commingling your personal expenses with your business expenses….
How Do I Use Short Term Rentals to Reduce Taxes On My W-2 Income?
Short term rental properties are a great investment for high earners. They deliver strong cash-on-cash returns and the underlying asset often appreciates. In addition to that, they also offer those with high W-2 income a massive opportunity to reduce their…
A Guide to Short Term Rentals
wning a short term rental can be a great way to make money, and it’s an approach that has become increasingly popular in the last five years. There are a lot of logistics to getting started in short term rentals….
How Do You Know You Need an Outsourced CFO?
Although many successful real estate enterprises have one, many investors overlook the measurable benefits of bringing on an outsourced Chief Financial Officer (CFO). Outsourcing CFO tasks gives real estate investors access to an advanced financial planning skill set that helps…