ID INSIGHTS

 
Real Estate Accounting: Flips on your P&L or Balance Sheet? (Part 2) Dec 21, 2023

Watch Part 1

We continue with our previous example and eventually sell the property to get it off our books.

 

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Real Estate Accounting: Flips on your P&L or Balance Sheet? (Part 1) Dec 14, 2023

It's a common debate: Should I put my flips on my Balance Sheet or P&L? It Depends! I'll walk you through how to do both and how to transfer between the two. 

Check out Part 2!

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Real Estate Accounting: Record Security Deposits Nov 23, 2023

Properly track your tenants' security deposits in QB Online

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Quickbooks Online: Real Estate Investing Setup Nov 17, 2023

Quickbooks Online is perfect for RE Investing if setup correctly. Check out these three foundational tips for getting QBO setup correctly.

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How to Start Over with Quickbooks Online Nov 09, 2023
My students always ask: "What do I do w/ my old data? I want to start fresh w/ QBO...but I have a ton of history to deal with". Use a simple journal entry instead of going back and slogging through...
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