Choose One System to Implement

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🎙️ Episode #457 – Bookkeeping doesn't have to be a nightmare. Here are the only four systems you actually need to keep your rentals organized in one hour a month.

📄 Show Notes:

https://www.coachcarson.com/bookkeepingsystems/

▶️ Next Episode: How Much Tax Will You Owe Selling a Rental? (Real Numbers Inside)

https://youtu.be/SgNXl8eqa2U

🎬 Timestamps:

• (0:00) - Bookkeep in 1/hr month
• (0:47) - Why bookkeeping?
• (1:45) - Core 4 bookkeeping systems
• (3:51) - System #1: Books/Ledger
• (9:34) - System #2: Record Keeping
• (12:10) - System #3: Checklists
• (15:14) - System #4: Spreadsheets/Reports
• (19:53) - My Private Community
• (21:20) - Choose 1 bookkeeping system
• (22:45) - Tax I Paid When I Sold a Rental Property

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