Bookkeeping & QuickBooks Tips For Real Estate Investors

[@aprilt.6129]

Thank you for this video! I've searched for bookeeping for real estate investing companies and haven't found very much info. This was extremely helpful. Please do more real estate bookkeeping videos ☺️

[@BookkeepingExpert]

You are so welcome!

[@successfulme9131]

Thank you, your content is Very helpful ❤

[@BookkeepingExpert]

Happy to hear that!

[@user-cg1ys2fw9s]

Thank you for these videos. Had a REI reach out for some clean up of books to get prepared for taxes.

[@BookkeepingExpert]

Great job!

[@unikovida6645]

You mentioned that you’re a “Real Estate Investor”… Out of curiosity,,,do you also have a Real Estate License? I’ve been contemplating starting a bookkeeping company But wondering if getting a Real Estate License could help

[@BookkeepingExpert]

No, I just have 1 rental property & I'm a private money lender

[@tony.973]

Hi zach, Good video. I do have a question though, do you need to add the value of the rental properties if they are already paid off? Its a new client, Or would that be handled by an accountant? Thanks in advance!

[@BookkeepingExpert]

I probably would add them to the balance sheet. Debit House Credit Opening Balance Equity

[@abdullahsherani23]

Just a correction Assets = liabilities + equity Thanks 😊

[@BookkeepingExpert]

Good catch!

[@user-ej1yy3xh8z]

hey do you need to calculate the depreciation as a bookkeeper in trucking industry or do we leave it for the tax advisor ?

[@BookkeepingExpert]

I usually leave that to the tax accountant.

[@macenkrauter578]

What software do you use to screen record and record your videos?

[@BookkeepingExpert]

OBS Studio