Hacks to make taxes easier
Hi. I'm a new member from Las Vegas. I'm at the beginning stages of my investing (love the podcasts) and was wondering if any veterans out there had any 'Tax Hacks'.
I've considered getting a separate credit card just for my rental properties, but was wondering if it would need to be a different card for each individual property. I've thought the same for checking accounts at the bank. Can all rentals be used by one credit card and one separate checking account then have another of each for personal stuff?
Also, is there any phone apps anyone uses where you can log expenses so they don't have to keep a shoebox full of receipts. Anything to keep track of everything for rentals; looking specifically at single family homes now. Does anyone have any other tips for making tax time a little more bearable. Thanks.