smart rental receipt scanner

The Importance of Digitizing and Storing Rental Expense Receipts: Exploring The Leading Receipt Scanner for Landlords

Managing rental properties involves numerous expenses, and it's crucial for landlords to maintain accurate records of these expenditures. With the advent of digital technology, the process of storing and organizing rental expense receipts has become more efficient. In this article, we will delve into the significance of digitizing and storing receipts and highlight the benefits it offers to landlords. Furthermore, we will examine the features and advantages of PortfolioBay's receipt scanner, a leading tool in the realm of rental management software.
collect rent through ACH

Streamlining Rent Collection: How Landlords Can Save Time and Maximize Financial Returns with Online Payment Solutions

In the digital age, technology has revolutionized various aspects of our lives, including the way landlords collect rent. With the availability of online payment solutions, landlords now have the opportunity to streamline their rent collection process, saving time and maximizing their financial returns. In this article, we will explore the benefits of collecting rent online and provide insights into how landlords can take full advantage of this convenient and efficient approach.
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5 Best Accounting Software for Small Landlord in 2023

As a small landlord, managing your finances can be a daunting task. You need to keep track of rent payments, expenses, and taxes, while also ensuring that your properties are well-maintained and your tenants are happy. Fortunately, there are several accounting software options available that can help you manage your finances more efficiently. In this article, we will discuss the top accounting software options for small landlords.
black calculator near ballpoint pen on white printed paper

Landlord Accounting Basics – Basic Approach

Managing rental properties is no different from running a small business, and it's crucial to get the bookkeeping and accounting processes right, especially for self-managing landlords. The minimum bookkeeping standards should meet the IRS bookkeeping requirements for compliance. In addition to being compliant, we should also setup our system in a way that's efficient for us to handle all the tedious accounting tasks.
a person writing on white notebook

5 Real Estate Accounting Tips Every Self-managing Investor Should Know

The purpose of having a good bookkeeping system in place for your real estate business is not only for tax compliance but also for becoming better informed to make any important financial decision. When you know the exact status of your portfolio and the performance of each property at any time, you will be in a better position to make more strategic moves in your investment or personal life.