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Nick Baldo – Real Estate Accounting Bootcamp 3.0
Turn QBO into a Powerful Force for your RE Investing Business
Cleanup Quickbooks, establish and maintain a bookkeeping process
and deliver powerful reports to grow and scale your business
The Bootcamp is PERFECT for you if:
You’re fed up with managing inaccurate and/ or disorganized financials
You’re a bookkeeper seeking to become an expert to serve this lucrative niche
You’re excited about the potential of having real-time financial data for your business
You lack clarity on the correct way to organize your books and specific transactions
You spend too much time reconciling your books and prepping for taxes
You’re ready to scale your investing Business
What’s inside Real Estate Accounting Bootcamp 3.0?
Setup & Accounting Basics
Real-Estate focused Chart of Accounts
Customizing QBO For your business
Demystifying Debits & Credits
Accounting for RE Investing Crash Course
Purchasing Property
Translate a HUD statement to QBO
Differentiate between building, land and closing costs
Purchase with cash, financing, equity…we cover it all!
Understand depreciation
Projects & Capital Improvements
Understanding Capital Improvements vs. Deductible Expenses
Utilizing Products & Services for comprehensive reporting
Deep Dive into Flip Projects & Developing Vacant Land
Depreciating Capital Improvements
Operating your REI Business
Tracking expenses
Managing Accounts Payable (A/P) & Accounts Receivable (A/R)
Leveraging Recurring Transactions
Track Property Management Statements
Selling/Refinancing Property
Understanding Escrow Accounts
Clearing out CapEx/ Depreciation
Refinancing a Property
Dealing with a 1031 Exchange
Closing out a Property
Reporting & Advanced Functionality
Customizable Reports
Management Reporting
Utilizing Reports to Reconcile Data
Cashflow Management
Super-powered external reporting
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