Accounting and taxes
Accounting and taxes
Books for every property: one LLC per property, Schedule E, reconciliation, 1099s and month-end close.
Accounting and taxes
I forgot to depreciate my rental property for several years. How do I catch up?
Accounting and taxes
What are the 1031 exchange deadlines when you sell an apartment building?
Accounting and taxes
Does the 3.8% net investment income tax apply to rental income?
Accounting and taxes
Can you take a Section 179 deduction on apartment appliances and improvements?
Accounting and taxes
Are repairs you make before a rental building is ready to rent deductible?
Accounting and taxes
How do you handle a casualty loss on a rental building after a fire or storm?
Accounting and taxes
Does a rental property LLC with two or more members have to file Form 1065?
Accounting and taxes
How much does each rental property LLC cost per year in state fees?
Accounting and taxes
Do landlords pay sales tax or gross receipts tax on apartment rent?
Accounting and taxes
What are the tax rules for renting an apartment in your building to a family member?
Accounting and taxes
Do landlords have to make quarterly estimated tax payments on rental income?
Accounting and taxes
Can you still claim the 179D deduction for an energy upgrade to an apartment building?
Accounting and taxes
Can an apartment owner claim the 45L credit for units they build or rebuild and rent out?
Accounting and taxes
Which closing costs on an apartment building purchase are deductible, and which add to basis?
Accounting and taxes
Does the SALT cap apply to property taxes on rental property?
Accounting and taxes
Do Florida apartment owners have to file a tangible personal property tax return?
Accounting and taxes
Does selling or giving away part of your LLC trigger a California property tax reassessment?
Accounting and taxes
What happens when the IRS audits your rental property?
Accounting and taxes
What payroll taxes and forms do you owe when you hire a maintenance employee for your apartments?
Accounting and taxes
How to prepare a T12 (trailing 12 month statement) for a rental property
Accounting and taxes
What an owner statement should include for your own LLCs or your co-owners
Accounting and taxes
How much to set aside for replacement reserves on a rental or apartment building
Accounting and taxes
Bookkeeping for landlords: how to set it up from scratch
Accounting and taxes
Spreadsheet vs accounting software for rental property: when a spreadsheet stops working
Accounting and taxes
Cost segregation study for a small rental or apartment building: what it is and when it pays
Accounting and taxes
Bonus depreciation on rental property: the current rules
Accounting and taxes
The $25,000 rental loss allowance: active participation and the income phase-out
Accounting and taxes
Real estate professional status: the 750-hour test and how to document your hours
Accounting and taxes
Depreciation recapture when you sell a rental property: unrecaptured section 1250 gain
Accounting and taxes
Will a landlord get a 1099-K for rent paid by Zelle, Venmo or a payment app?
Accounting and taxes
Cap rate vs cash-on-cash return vs NOI for a small apartment building
Accounting and taxes
Repair or improvement? The routine maintenance safe harbor and the betterment, restoration and adaptation test
Accounting and taxes
Schedule E or Form 8825: which form reports your rental?
Accounting and taxes
How to record rent payments and late fees in your rental property books
Accounting and taxes
Prepaid rent and tenant credits: how to book a tenant who pays ahead or overpays
Accounting and taxes
Form 1099-MISC for rent you pay vs 1099-NEC for contractors: who gets which
Accounting and taxes
Collecting W-9s from vendors and contractors: when, why, and backup withholding
Accounting and taxes
Security deposit deductions at move-out: how each one is booked, and when it becomes income
Accounting and taxes
How to read a rental property P&L (profit and loss), line by line
Accounting and taxes
Rental property balance sheet: what goes on it for a one-property LLC
Accounting and taxes
Rental property tax deductions: a checklist from IRS Publication 527
Accounting and taxes
How to depreciate a home you converted to a rental
Accounting and taxes
Land vs building value: how to split a rental purchase price for depreciation
Accounting and taxes
Section 121 and renting out your former home: the 2-of-5-year rule
Accounting and taxes
Short-term rental vs long-term rental taxes: the 7-day rule and Schedule E vs C
Accounting and taxes
Mortgage interest on a rental vs a home: what is deductible, points, and refinancing
Accounting and taxes
Rental property insurance premiums: when they are deductible and how prepaid policies work
Accounting and taxes
What to send your CPA at tax time for a rental LLC
Accounting and taxes
Owner draws vs distributions from a rental LLC: how to record them
Accounting and taxes
How to record an owner contribution to a rental LLC
Accounting and taxes
Commingling funds in a rental LLC: why it matters and how to clean it up
Accounting and taxes
Section 8 HAP payments: how to record the housing authority's part and the tenant's part
Accounting and taxes
Rent concessions and free month specials: how to record them in the books
Accounting and taxes
How to account for a tenant's bounced (NSF) rent payment and the returned-payment fee
Accounting and taxes
How to record a refinance and cash-out on a rental property in your books
Accounting and taxes
How to track capital improvements by unit so depreciation and a sale are easy
Accounting and taxes
1031 exchange bookkeeping: the entries and the basis of the new property
Accounting and taxes
How to record the sale of a rental property in your books
Accounting and taxes
A tenant does work instead of paying rent: how it is taxed and how to book it
Accounting and taxes
You live in one unit and rent the other: how to split expenses and depreciation
Accounting and taxes
You move into your own rental property: what happens to depreciation, deductions and the books
Accounting and taxes
How to do the bookkeeping for a mortgage escrow account on a rental property
Accounting and taxes
Is rental income subject to self-employment tax for a landlord?
Accounting and taxes
Inherited a rental property: how basis and depreciation work
Accounting and taxes
How to record property tax proration on the closing statement of a rental purchase
Accounting and taxes
Is a lease break fee income to the landlord, and how do you record it?
Accounting and taxes
What can you deduct on a vacant rental property?
Accounting and taxes
Gifted a rental property: how carryover basis and depreciation work
Accounting and taxes
How to do the month-end close and bank matching with AI
Accounting and taxes
How to use AI to read rental bills and code them to Schedule E
Accounting and taxes
How to ask AI for a profit and loss across several rental LLCs
Accounting and taxes
Can a landlord use Mercury for a rental LLC's bank account?
Accounting and taxes
How do you track each rental property with classes in QuickBooks Online?
Accounting and taxes
How do you connect a bank feed for rental property bookkeeping?
Accounting and taxes
What do you need to open a bank account for a rental LLC?
Accounting and taxes
What bookkeeping should a small landlord do every week?
Accounting and taxes
Why doesn't my rent payout match what hit my bank account?
Accounting and taxes
How do you record a transfer between two of your rental LLCs' bank accounts?
Accounting and taxes
How should a landlord record rental expenses paid with a credit card?
Accounting and taxes
How do you import a bank CSV file into your rental bookkeeping?
Accounting and taxes
You paid one rental LLC's bill from another LLC's account: how to fix it
Accounting and taxes
How to give co-owners of a rental property a statement and split the money
Accounting and taxes
Year-end close for rental property books: a checklist before you send them to your tax preparer
Accounting and taxes
Can AI read a contractor invoice and code the expense for a rental?
Accounting and taxes
How to pay a contractor safely as a landlord, with owner approval on every payment
Accounting and taxes
Who gets a 1099-NEC from a landlord: handymen, plumbers, cleaners and card payments
Accounting and taxes
Credit card reconciliation for a rental business, step by step
Accounting and taxes
Your rental bank reconciliation does not balance: how to find the difference
Accounting and taxes
What a tenant ledger is and how to keep one
Accounting and taxes
Is rental income subject to self-employment tax?
Accounting and taxes
Renting a room in your home: how rent and expenses are reported
Accounting and taxes
Can you deduct expenses on a vacant rental property?
Accounting and taxes
Can you deduct travel to an out-of-town rental property?
Accounting and taxes
Are eviction and legal fees tax deductible for a landlord?
Accounting and taxes
A tenant pays you to cancel the lease: is it taxable income?
Accounting and taxes
You inherited a rental property: how to set the basis and start the books
Accounting and taxes
Do you need a separate bank account for your rental property?
Accounting and taxes
When does a landlord have to file Form 4562?
Accounting and taxes
Are condo dues and HOA assessments deductible on a rental?
Accounting and taxes
Co-owned rental property: how each owner reports income and expenses
Accounting and taxes
Are property management fees and leasing commissions deductible?
Accounting and taxes
What is the safest way for a landlord to share rental books with a CPA?
Accounting and taxes
What records should a rental LLC keep to show it is separate from its owner?
Accounting and taxes
When does a landlord have to withhold 24% from a contractor's pay?
Accounting and taxes
How can a landlord check that a contractor's TIN is correct?
Accounting and taxes
How can a landlord give a bookkeeper access without giving up control?
Accounting and taxes
Schedule E expense categories for rental property, line by line
Accounting and taxes
Bookkeeping for rental property: a simple chart of accounts for an apartment building
Accounting and taxes
One LLC per property: how to keep separate books and bank accounts
Accounting and taxes
Bank reconciliation for rental property, month by month
Accounting and taxes
Depreciation of residential rental property: 27.5 years, with a worked example
Accounting and taxes
Form 1099-NEC for contractors who work on your rentals
Accounting and taxes
Month-end close checklist for apartment owners
Accounting and taxes
Accounting for security deposits: a liability, not income
Accounting and taxes
How to calculate net operating income (NOI) for an apartment building
Accounting and taxes
Cash vs accrual accounting for rental property
Accounting and taxes
The de minimis safe harbor election for rental property
Accounting and taxes
Is rent paid in advance taxable in the year you receive it?
Accounting and taxes
Can you deduct a rental property loss against your other income?
Accounting and taxes
Does a rental property LLC need its own EIN?
Accounting and taxes
How do you record a mortgage payment in rental property books?
Accounting and taxes
Can landlords deduct mileage driving to their rental properties?
Accounting and taxes
How do you depreciate appliances and carpet in a rental?
Accounting and taxes
Can a landlord take a home office deduction?
Accounting and taxes
Can you deduct unpaid rent as a loss?
Accounting and taxes
Does rental income qualify for the QBI deduction?
Accounting and taxes