About this episode
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm 🔗 Coach's FREE Bookkeeping Spreadsheet & Quickbooks Chart of Accounts: https://coachcarson.com/bookkeepingdocs 🎙️ Episode #457 – 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. 📄 Show Notes: https://www.coachcarson.com/bookkeepingsystems/ ▶️ Next Episode: How Much Tax Will You Owe Selling a Rental? (Real Numbers Inside) https://youtu.be/SgNXl8eqa2U 🎬 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 💵 Need Investor-Friendly Financing? This is who I trust → https://www.coachcarson.com/bryan 💰 Invest in real estate with your retirement account → https://coachcarson.com/heritage-pod 🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant 📱 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-pod