First, always deposit the full rent into your account (no cashouts) so that you'll have a record of it on your account balance.
Second, I'd recommend using a software program such as Quicken, Quickbooks, Money, etc. to track you business income/expenses. Makes for an easier time come tax season.
Third, always make copies of the rent checks before depositing.
Well,
First, always deposit the full rent into your account (no cashouts) so that you'll have a record of it on your account balance.
Second, I'd recommend using a software program such as Quicken, Quickbooks, Money, etc. to track you business income/expenses. Makes for an easier time come tax season.
Third, always make copies of the rent checks before depositing.
Just a few ideas.
Roger