Once your PRO trial is over you can continue using Landlord Studio GO completely free.
By continuing you agree to our Terms & Conditions.
Please visit our United Kingdom site for a better experience
Continue
Significantly enhance the profitability of your real estate investment portfolio by using quality software and real estate bookkeeping best practices.
Start for free
When it comes to maintaining your real estate bookkeeping it can be tempting to leave it to the last minute. Nobody likes sitting down and spending hours going through receipts and bank statements. However, leaving it to the end of the year can result in missed deductions and overpaid taxes and can cost you thousands of dollars.
Thankfully, by following accounting best practices when doing your real estate bookkeeping will enable you to maintain accurate books throughout the year so that you stay on top of your finances and maximize the profitability of your portfolio.
In this episode we talk about everything from how your upbringing can set your money mindset and the role mistakes play in learning to succeed to the important numbers you need to be paying attention to.
Sharon Lechter
Real Estate Investor
"You have to be aware of what’s going on. What I see a lot of people doing in real estate is they buy it, hiring a management company, and then they forget about it. They take their finger off the pulse. The result is almost always a drop in profits."
Learn how to build a profitable rental portfolio with our free resources, expert advice, and more.
.png)
A combination of rental property accounting best practices will help you save time, report an accurate tax return, maximize deductions, and increase monthly cash flow.
Digitize receipts - no more lost and faded receipts.
Keep your personal and business accounts separate - for easy reconciliation.
Collect rent online - automate rent collection and income tracking and never experience late rent again.
Use industry-specific software - Property management and accounting software like Landlord Studio will save you hours of admin and hundreds of dollars each year.
Update your books regularly - Get greater financial insights and make tax time easier by regularly updating your accounts.
Accurately track deductible expenses to streamline operating costs and maximize end-of-year deductions
Learn more
Maximize property profitability by increasing deductions and decreasing your income tax liability.
Learn more
Accurate financial reports are essential if you want to operate a cash flow positive portfolio
Learn more
Grow your portfolio with positive cash flow properties with the right tools and knowledge.
Learn more
