Navigated to #457: The Only 4 Bookkeeping Systems You Actually Need

#457: The Only 4 Bookkeeping Systems You Actually Need

November 7
23 mins

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Episode Description

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

 

๐Ÿ”— Coach's FREE Bookkeeping Spreadsheet & Quickbooks Chart of Accounts: https://coachcarson.com/bookkeepingdocs 

 

๐ŸŽ™๏ธ Episode #457 โ€“ 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.

 

๐Ÿ“„ Show Notes:

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

 

โ–ถ๏ธ Next Episode: How Much Tax Will You Owe Selling a Rental? (Real Numbers Inside)

https://youtu.be/SgNXl8eqa2U 

 

๐ŸŽฌ 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

โš’๏ธ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

๐Ÿ–ฅ๏ธ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

๐Ÿ‘‹ Connect with Me:

๐Ÿ“ธ https://www.instagram.com/coachchadcarson 

๐Ÿ‘ https://www.facebook.com/coachchadcarson 

๐Ÿฆ https://twitter.com/CoachChadCarson

๐Ÿ’ต Need Investor-Friendly Financing?

This is who I trust โ†’ https://www.coachcarson.com/bryan

๐Ÿ’ฐ DealMachine โ€“ Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

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