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A Property Manager's Guide to Financial and Property Management (Manage Properties with QuickBooks)

Book Details

Author(s)Gita Faust
ISBN / ASIN0979124050
ISBN-139780979124051
Sales Rank3,674,353
CategorySpiral-bound
MarketplaceUnited States  🇺🇸

Description

You can manage from 2 to unlimited number of units using QuickBooks. The author knows your many roles, including keeping accurate accounting of the income and expenses generated by the property, acting as the owner's agent in dealing with tenants, collecting rents, tracking lease end dates, enforcing regulations, issuing fines when necessary, as well as tracking your management fees. She puts you in complete control easily and inexpensively! In fact, you'll be able to manage the property so well that you'll help increase its value. With the purchase of your book, you'll also: Receive a template on a CD customized for property owners and landlord companies, along with a sample already filled out. All you have to do is copy the template and start entering your information. Learn how to set up a new property owner, property, unit and tenant, in an easy step-by-step way View and verify the accuracy of reports after each transaction is recorded Record major transactions accurately, such as lease commission, owners reserve funds and management fees Enter single, joint and several tenants, Section 8 (HUD), affordable subsidy housing and sublease tenants Set up the rent roll, tenants, loss of rent for vacancies, property "to do's," and even record conversations with tenants Accurately track rents, vacancies, security deposits, work orders, bills, and lease terms Differentiate between owner and your management company income and expenses Record loans, line of credit, and owner, partner or shareholders loans Record free, reduced rent, maintenance credit or write off uncollected rent Handle regular accounting tasks, such as checks, reconciliations, credit cards, and online banking Over 100's of memorized reports - rent roll, Owner's Proceed, security deposits by tenant, lease expiration, work orders, owners property expenses and income. This book can also be used for Residential and Commercial but not for NNN leases.

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