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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
๐ Coach's FREE Bookkeeping Spreadsheet & Quickbooks Chart of Accounts: https://coachcarson.com/bookkeepingdocs
๐๏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.
๐ Show Notes:
https://www.coachcarson.com/bookkeepingsystems/
โถ๏ธ Next Episode: How Much Tax Will You Owe Selling a Rental? (Real Numbers Inside)
๐ฌ 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
โ๏ธ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-pod
๐ฅ๏ธ Learn with Coach (Courses, Books & more):
๐ Connect with Me:
๐ธ https://www.instagram.com/coachchadcarson
๐ https://www.facebook.com/coachchadcarson
๐ฆ https://twitter.com/CoachChadCarson
๐ต Need Investor-Friendly Financing?
This is who I trust โ https://www.coachcarson.com/bryan
๐ฐ DealMachine โ Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine
