Bookkeeping
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      How do I account for my rental business?

      There are simple answers (but hey, it's the IRS, is it really ever that simple??)

      First, take a look at our organizer to fill out your expenses and income 😎

      It may be this simple!

      Gather your basic documents - your rental income and expenses - then start categorizing

      • Which purchases were for operating expenses (utilities, HOA fees, etc)
      • Which vendors will require a 1099 form in January? 
      • How many rental days was your property available?

       micheile-henderson-lZ_4nPFKcV8-unsplashThe more complicated items take more planning

      • Do you have major assets you purchased ? 
      • Did you make major improvements? 

      ⇒ Fill out the appropriate forms for your rental income