"Income Diggs" is a podcast focusing on the use of technology to help real estate investors and bookkeepers expand and streamline their operations. The show provides insights into technological solutions for the real estate market.
QuickBooks for Property Management - Tenants and Owners
In this episode, Nick Baldo introduces QuickBooks online for property management, explains the related workflows, and how to set up products and services. He also covers invoicing, creating recurring credit memos, and checking financial reports. Future topics include managing accounting for self-managed properties.
23 Dec 2023
Real Estate Accounting- Flips on your P&L or Balance Sheet? (Part 2)
In this episode, Nick Baldo covers various aspects of real estate investing and bookkeeping. He discusses managing transactions, tracking rehab expenses, preparing for property sale, and accounting for selling costs. Nick also simplifies recording of sales and explores balance sheet and P&L transfers. The episode concludes with a mention of Income Digs courses and resources.
16 Dec 2023
Real Estate Accounting- Flips on your P&L or Balance Sheet (Part 1)
In this episode, Nick Baldo introduces QuickBooks online for real estate investing, overviews Real Estate Accounting Boot Camp, and discusses the treatment of expenses on property flips. He dives into QuickBooks Projects and Classes, analyzes property on a profit and loss level, and walks listeners through recording various costs. He also talks about balancing the balance sheet, benefits of tracking by class and customer, and planning for the next financial year and sales strategy.
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