Updated over 2 years ago on . Most recent reply
Bookkeeping using property manager monthly statements
Hey everyone. I had a bookkeeping question.
Each month, my property manager sends me a monthly statement including any expenses, repairs, rents, etc. And then at the end of the year sends me a 1099.
Is there anything else I should be doing from a bookkeeping stand point? I used those statements last year when I had one property for my CPA without actually doing my own bookkeeping and it didn't seem to be an issue.
Let me know if these sound like something I can just use for bookkeeping moving forward. Thanks!