Rentals and Taxes!!

[Caspar Vester]

BP family. What are the basics a first time land lord investing in rental properties know about taxes ?

[Bettina F.]

Learn Quickbooks.  It is not that hard, will grow with your business and serve you well.  Doing taxes is ALL about keeping good records.  Keep your receipts, and be conscientious about entering income and expenses into Quickbooks.  At tax time, download your file to a zip drive, or email your file to your accountant.