1099s are informational tax forms required by the IRS to report certain types of payments made during the year. For real estate investors, this most commonly applies to payments made to contractors using cash, checks, ACH transfers, or Zelle. Other common transactions that may require 1099 reporting include interest paid to private lenders, payments to...Read More

If you’re thinking about reaching out to learn more about our services, the best place to start is by clicking the following link – Become a Client. We’ll ask you a few questions to better understand where you are in your real estate investing journey. Your responses help us determine whether bookkeeping support makes sense...Read More

One of the most common questions we get from investors is:“Which level of QuickBooks do I actually need?” It’s a fair question. Intuit does not make it easy for the average small business owner to figure this out. Before we dive into QuickBooks Online (QBO), we need to briefly talk about QuickBooks Desktop. What Happened...Read More

If you’re a real estate investor using QuickBooks or another accounting system, you may have encountered Accounts Receivable (AR) and Accounts Payable (AP). These are powerful tools in traditional businesses, but for most rental property owners, they’re more trouble than they’re worth. Let’s break down what AR and AP do, why they often don’t make...Read More

When most people think about hiring a bookkeeper, they picture a retail store or service business. But if you’re a real estate investor, your needs are completely different. Yes, real estate investing should be treated like a business. But the way money flows, the way transactions are recorded, and the way reports are built are...Read More

As of March 26, 2025, the Beneficial Ownership Information (BOI) reporting requirement under the Corporate Transparency Act was officially repealed for U.S.-based entities, following a Treasury announcement on March 2, 2025. FinCEN issued an interim final rule that redefined “reporting company” to exclude domestic LLCs and corporations, effectively ending the BOI filing obligation for most...Read More