Hi BP Friends. any recommendations  on book keeping services?

I'm looking for a bookkeeper that can use QBO, integrate Appfolio, manage distributions, capex, etc.

You don't need a bookkeeper. 

Bookkeeping is the #1 missing link we see with REIs!

We tell our bookkeeping clients not to scale chaos (I say "cancer") all the time. 

I do typically recommend individual bank accounts for each cell but I see some variance on this and you can sometimes forego individual bank accounts in favor of just a single bank account in the series LLC as long as you have strong bookkeeping that meticulously separates income, expenses, etc. of each cell (e.g. by using a classing or similar bookkeeping system).It is important to note, however, that TN has a franchise tax that requires careful structuring to avoid by ensuring that the entity structure qualifies for the FONCE (Family-Owned Non-Corporate Entities) exemption.

Consider meeting with a real estate-focused CPA to ensure you capture every deduction possible — including depreciation schedules, LLC expenses, and passive income losses that can offset other income.A little preparation now can make tax season smoother — and keep more of your hard-earned rental income in your pocket.

If not, spreadsheets work just fine.Our bookkeeping firm uses QuickBooks Online exclusively for our clients (100% of our clients are REIs).

For bookkeeping/accounting, we recommend Quickbooks Online.

I only use them for tax strategy and tax filing (I have my bookkeeping covered).Their communication has been top-notch throughout each process, and the quarterly advisory calls are great to ensure I'm on the right track throughout the year, calling out where we need to make pivots, etc.I own a bookkeeping firm (100% of our clients are real estate investors by the way), an education business, a little rental real estate, and do a small amount of private lending.