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Buying & Selling Real Estate

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Rik Patel
  • Real Estate Agent
  • Miami, FL
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132
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What's the best way to keep purchases organized?

Rik Patel
  • Real Estate Agent
  • Miami, FL
Posted Apr 7 2020, 08:30

Hi All! I wanted to know everyone's experience when it comes to keeping purchases organized for multiple properties.

I have a few properties with their own bank account. Let's say property A & property B both need material for a renovation. I plan to use one credit card to buy material for both properties at one-time. When it comes to paying the credit card bill, I'm assuming I have to itemize the expenses on the CC statement according to each property and pay out each amount from their respective bank account?

How is this usually done?