Tag Archives: rental property accounting

A Simple Rental Property Accounting System for Small Landlords

Wouldn’t it be a lot convenient to have a system that simplifies all your transactions? Imagine a rental property accounting system that helps you keep track of all your transactions all throughout the financial year. The system we will consider here works wonders for small landlords. It will allow you to scale your business without […]

Read More →

A Simple Guide to Understanding Rent Concessions

Investing in rental property is usually considered to be the most preferable investment strategy for multifamily investors. Not only does it provide them with an additional source of regular income but it also results in a steady appreciation of their portfolio’s value. However, before venturing into the housing market, multifamily investors must be made aware […]

Read More →

Learn all About Rental Property Accounting

We understand that a real estate investor is burdened with loads of work which includes managing one or more properties, their maintenance, finding reliable tenants, and ensuring the overall profitability of the business. With all these responsibilities real estate accounting or bookkeeping tends to take a back seat. However, accounting for all the financial transactions […]

Read More →

1099 MISC Tax Requirements for Property Managers

Property Managers are required to report rents collected on behalf of their property owners as part of their rental property accounting and therefore the natural question that arises is the need for the filing of form 1099 MISC for their owners. According to the instructions for Form 1099 MISC payments of rent to real estate […]

Read More →