RENTFLOW

Rental Property Accounting Basics

7 Tips for Landlords

Tara Winstead (Pexels)

1

Record all rent received

Ivan S (Pexels)

2

Log every expense with a receipt

https://kaboompics.com/ (Pexels)

3

Separate per-property if you have several

Krista Glīzdeniece (Pexels)

4

Categorize expenses consistently

Mikhail Nilov (Pexels)

5

Reconcile against your bank monthly

Leeloo The First (Pexels)

6

Separate repairs from improvements

Kindel Media (Pexels)

7

Keep dated records all year

cottonbro studio (Pexels)

Full checklist in comments

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