Bookkeeping for rental property

[Takeshi Yashima]

Hi everyone,

I am wondering how you guys are doing accounting and bookkeeping for your rentals, doing by yourself, hiring bookkeeper or hiring accountant? I am currently managing the bookkeeping and accounting myself but the more I acquire properties, the more my time is sucking into just bookkeeping and accounting.

My question for someone who hiring the accounting or bookkeeping service, which companies would you recommend (Local, or online like Odesk or Elance?)

Suggestion is highly appreciated. Thank you very much!

[Steven Hamilton II]

Invest a scanner and scan your receipts, find a part time bookkeeper who you can pay once or twice a month to come in and handle everything for you.

I do bookkeeping for a lot of my clients; many do not need constant help, they mostly just need assistance occasionally a day or two per month.

-Steven the Tax Guy

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