Description

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm 

🔗 Coach's FREE Bookkeeping Spreadsheet & Quickbooks Chart of Accounts: https://coachcarson.com/bookkeepingdocs 

🎙️ Episode #457 – Bookkeeping doesn't have to be a nightmare. Here are the only four systems you actually need to keep your rentals organized in one hour a month.

📄 Show Notes:

https://www.coachcarson.com/bookkeepingsystems/

▶️ Next Episode: How Much Tax Will You Owe Selling a Rental? (Real Numbers Inside)

https://youtu.be/SgNXl8eqa2U 

🎬 Timestamps:

• (0:00) - Bookkeep in 1/hr month 
• (0:47) - Why bookkeeping?
• (1:45) - Core 4 bookkeeping systems
• (3:51) - System #1: Books/Ledger
• (9:34) - System #2: Record Keeping
• (12:10) - System #3: Checklists
• (15:14) - System #4: Spreadsheets/Reports 
• (19:53) - My Private Community
• (21:20) - Choose 1 bookkeeping system
• (22:45) - Tax I Paid When I Sold a Rental Property
  

💵 Need Investor-Friendly Financing? This is who I trust → https://www.coachcarson.com/bryan

🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant

📱 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-pod