<description>&lt;p&gt;⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: &lt;a href= "http://coachcarson.com/rpm"&gt;http://coachcarson.com/rpm&lt;/a&gt;&lt;/p&gt; &lt;p&gt;🎙️ Episode #372 – If you nail bookkeeping, it’s like seeing everything—like Neo in The Matrix. Coach and Kat break down how tracking every dollar can steady cash flow, impress lenders, and even reveal hidden profits. Here’s how to get your books in shape and level up your real estate business&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;▶️ Next Episode: &lt;/p&gt; &lt;p data-pm-slice="1 1 []"&gt;How to Avoid Income Taxes (Legally) with Real Estate Investing&lt;/p&gt; &lt;p&gt;&lt;a class="ProsemirrorEditor-link" href= "https://podcasts.apple.com/us/podcast/282-how-to-avoid-income-taxes-legally-with-real-estate/id1448707654?i=1000603907846"&gt; https://podcasts.apple.com/us/podcast/282-how-to-avoid-income-taxes-legally-with-real-estate/id1448707654?i=1000603907846&lt;/a&gt;&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;💻Free Bookkeeping Resources from Kat:&lt;/p&gt; &lt;p&gt;&lt;a href= "https://www.coachcarson.com/kat"&gt;https://www.coachcarson.com/kat&lt;/a&gt;&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;🧮 Get QuickBooks, my favorite accounting software:&lt;/p&gt; &lt;p&gt;&lt;a href= "https://quickbooks.partnerlinks.io/637lxrq6nwlh"&gt;https://quickbooks.partnerlinks.io/637lxrq6nwlh&lt;/a&gt;&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;📄 Show Notes: &lt;/p&gt; &lt;p data-pm-slice="1 1 []"&gt;&lt;a class="ProsemirrorEditor-link" href= "https://www.coachcarson.com/masterbookkeeping/"&gt;https://www.coachcarson.com/masterbookkeeping/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;br /&gt; 🎬 Timestamps:&lt;/p&gt; &lt;p data-pm-slice="1 1 []"&gt;0:00 - Having good books is a superpower&lt;/p&gt; &lt;p data-pm-slice="1 1 []"&gt;0:54 - Why is bookkeeping important?&lt;/p&gt; &lt;p&gt;3:54 - Benefits of having good books&lt;/p&gt; &lt;p&gt;7:12 - The basics of bookkeeping&lt;/p&gt; &lt;p&gt;13:01 - What will be required if you're audited?&lt;/p&gt; &lt;p&gt;15:31 - Best bookkeeping bank account practices&lt;/p&gt; &lt;p&gt;19:41 - Best bookkeeping software&lt;/p&gt; &lt;p&gt;25:35 - What should your bookkeeping schedule look like?&lt;/p&gt; &lt;p&gt;28:32 - What are reports and balance sheets?&lt;/p&gt; &lt;p&gt;34:39 - Hiring a bookkeeper&lt;/p&gt; &lt;p&gt;39:18 - Importance of hiring an accountant&lt;/p&gt; &lt;p&gt;44:43 - Set up your books early&lt;/p&gt; &lt;p&gt;46:01 - Connect with Kat&lt;/p&gt; &lt;p&gt;46:59 - Reduce your rental income tax&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;🔗 Connect with Kat &lt;/p&gt; &lt;ul class="ProsemirrorEditor-list" data-pm-slice="3 3 []"&gt; &lt;li class="ProsemirrorEditor-listItem" data-list-indent="1" data-list-type="bulleted"&gt; &lt;p&gt;Instagram: &lt;a class="ProsemirrorEditor-link" href= "https://www.instagram.com/kat.invests/"&gt;https://www.instagram.com/kat.invests/&lt;/a&gt;&lt;/p&gt; &lt;/li&gt; &lt;li class="ProsemirrorEditor-listItem" data-list-indent="1" data-list-type="bulleted"&gt; &lt;p&gt;Blog: &lt;a class="ProsemirrorEditor-link" href= "https://beyondjustnumbers.com"&gt;https://beyondjustnumbers.com&lt;/a&gt;&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;p dir="ltr"&gt; &lt;/p&gt; &lt;p&gt; ____________________________________________________________________&lt;/p&gt; &lt;p&gt;⚒️ &lt;strong&gt;Get my FREE Real Estate Investor Toolkit&lt;/strong&gt;:&lt;/p&gt; &lt;p&gt;&lt;a href= "https://www.coachcarson.com/toolkit-pod"&gt;https://www.coachcarson.com/toolkit-pod&lt;/a&gt;&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;🖥️ &lt;strong&gt;My Real Estate Courses&lt;/strong&gt;:&lt;/p&gt; &lt;p&gt;*FREE COURSE* Find Your Focus in Real Estate for Beginners:&lt;br /&gt; &lt;a href= "https://www.coachcarson.com/fyf"&gt;https://www.coachcarson.com/fyf&lt;/a&gt;&lt;/p&gt; &lt;p&gt;30 Days to a Better Rental Investor:&lt;br /&gt; &lt;a href= "https://www.coachcarson.com/30days"&gt;https://www.coachcarson.com/30days&lt;/a&gt;&lt;/p&gt; &lt;p&gt;Creative Financing for Real Estate Investors:&lt;br /&gt; &lt;a href= "https://www.coachcarson.com/creativefinancing"&gt;https://www.coachcarson.com/creativefinancing&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt; &lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;My Books&lt;/strong&gt;:&lt;/p&gt; &lt;p dir="ltr"&gt;📘 The Small &amp; Mighty Real Estate Investor&lt;/p&gt; &lt;p dir="ltr"&gt;📙 Retire Early with Real Estate&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://www.coachcarson.com/books-pod"&gt;https://www.coachcarson.com/books-pod&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt; &lt;/p&gt; &lt;p dir="ltr"&gt;👋 &lt;strong&gt;Connect with Me&lt;/strong&gt;:&lt;/p&gt; &lt;p dir="ltr"&gt;📸 &lt;a href= "https://www.instagram.com/coachchadcarson"&gt;https://www.instagram.com/coachchadcarson&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;👍 &lt;a href= "https://www.facebook.com/coachchadcarson"&gt;https://www.facebook.com/coachchadcarson&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;🐦 &lt;a href= "https://twitter.com/CoachChadCarson"&gt;https://twitter.com/CoachChadCarson&lt;/a&gt;&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;💰 DealMachine – Software to help you buy more real estate deals: &lt;a href= "https://www.coachcarson.com/dealmachine"&gt;https://www.coachcarson.com/dealmachine&lt;/a&gt;&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt;🌐 &lt;strong&gt;For everything else&lt;/strong&gt;: &lt;a href= "https://www.coachcarson.com"&gt;https://www.coachcarson.com&lt;/a&gt;&lt;/p&gt;</description>

Real Estate Investing with Coach Carson

Chad Coach Carson

#372: Real Estate Bookkeeping for 2025 Made EASY!

DEC 2, 202447 MIN
Real Estate Investing with Coach Carson

#372: Real Estate Bookkeeping for 2025 Made EASY!

DEC 2, 202447 MIN

Description

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm

🎙️ Episode #372 – If you nail bookkeeping, it’s like seeing everything—like Neo in The Matrix. Coach and Kat break down how tracking every dollar can steady cash flow, impress lenders, and even reveal hidden profits. Here’s how to get your books in shape and level up your real estate business

 

▶️ Next Episode: 

How to Avoid Income Taxes (Legally) with Real Estate Investing

https://podcasts.apple.com/us/podcast/282-how-to-avoid-income-taxes-legally-with-real-estate/id1448707654?i=1000603907846

 

💻Free Bookkeeping Resources from Kat:

https://www.coachcarson.com/kat

 

🧮 Get QuickBooks, my favorite accounting software:

https://quickbooks.partnerlinks.io/637lxrq6nwlh

 

📄 Show Notes: 

https://www.coachcarson.com/masterbookkeeping/

🎬 Timestamps:

0:00 - Having good books is a superpower

0:54 - Why is bookkeeping important?

3:54 - Benefits of having good books

7:12 - The basics of bookkeeping

13:01 - What will be required if you're audited?

15:31 - Best bookkeeping bank account practices

19:41 - Best bookkeeping software

25:35 - What should your bookkeeping schedule look like?

28:32 - What are reports and balance sheets?

34:39 - Hiring a bookkeeper

39:18 - Importance of hiring an accountant

44:43 - Set up your books early

46:01 - Connect with Kat

46:59 - Reduce your rental income tax

 

🔗 Connect with Kat 

 

____________________________________________________________________

⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

 

🖥️ My Real Estate Courses:

*FREE COURSE* Find Your Focus in Real Estate for Beginners: https://www.coachcarson.com/fyf

30 Days to a Better Rental Investor: https://www.coachcarson.com/30days

Creative Financing for Real Estate Investors: https://www.coachcarson.com/creativefinancing

 

My Books:

📘 The Small & Mighty Real Estate Investor

📙 Retire Early with Real Estate

https://www.coachcarson.com/books-pod

 

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

 

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

 

🌐 For everything else: https://www.coachcarson.com