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#457: The Only 4 Bookkeeping Systems You Actually Need
Episode 457

#457: The Only 4 Bookkeeping Systems You Actually Need

Real Estate Investing with Coach Carson

November 7, 202523m 23s

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Show Notes

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

๐Ÿ’ต Need Investor-Friendly Financing? This is who I trust โ†’ https://www.coachcarson.com/bryan

๐Ÿ  TurboTenant โ€“ Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant

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