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🎙️ Episode #372 – If you nail bookkeeping, it's like seeing everything - like Neo in The Matrix. Coach and Kat break down how tracking every dollar can steady cash flow, impress lenders, and even reveal hidden profits. Here's how to get your books in shape and level up your real estate business
▶️ Next Episode: How to Avoid Income Taxes (Legally) with Real Estate Investing
💻Free Bookkeeping Resources from Kat:
https://www.coachcarson.com/kat
🧮 Get QuickBooks, my favorite accounting software:
https://quickbooks.partnerlinks.io/637lxrq6nwlh
📄 Show Notes:
https://www.coachcarson.com/masterbookkeeping/
🎬 Timestamps:
0:00 - Having good books is a superpower
0:54 - Why is bookkeeping important?
3:54 - Benefits of having good books
7:12 - The basics of bookkeeping
13:01 - What will be required if you're audited?
15:31 - Best bookkeeping bank account practices
19:41 - Best bookkeeping software
25:35 - What should your bookkeeping schedule look like?
28:32 - What are reports and balance sheets?
34:39 - Hiring a bookkeeper
39:18 - Importance of hiring an accountant
44:43 - Set up your books early
46:01 - Connect with Kat
46:59 - Reduce your rental income tax
🔗 Connect with Kat:
• Instagram: https://www.instagram.com/kat.invests/
• Blog: https://beyondjustnumbers.com
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https://www.coachcarson.com/toolkit-pod
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