Bookkeeping class is in session! In this video, CPA Cherry Chan covered everything you need to know about keeping your real estate books!
1. The one rule you need to know in order to take advantage of all the tax deductions that you can as an investor
2 . What your accountant expects from you come tax time and what they need to specifically see from your books
3. When, how and where to hire a bookkeeper for your real estate investments
4. The easiest way for real estate investors to keep their books & track their expenses through the year
5. Tips and tricks to simplify bookkeeping as much as possible and specific systems you can use to bookkeep with 6. Favourite tools to make real estate bookkeeping easier & automate processes Study up, investors!
Applying this information will save you thousands of dollars in taxes on your rental properties.
