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Updated about 5 years ago on . Most recent reply

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8
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1
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Raj Singh
1
Votes |
8
Posts

What is Right Way to Record All Income & Expenses

Raj Singh
Posted

Hello Everyone,

I need advice for how I can Record All Income & Expenses right way,

Here is my story: I just bought a 4-Plex under my personal name & right now tenten paying under my business name.

I want my LLC company will manage and collect all rent and take care of all maintenance and repair instead of my personal name.

So right now,... 

My Tenants paying to my LLC &>> I transfer money to my personal account &>> I make mortgage from my personal bank >> and pay repair & maintenance from LLC sometimes personal (because I am confused)

In the last I use Quickbooks

Please advice, Thanks 

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