For many people, acquiring a rental property is the first major investment they make that they also must actively manage. Many property owners don’t move past a couple of properties, while others soon expand to dozens. Each person has their own goal, and rental property management or investing is not for everyone. I tried my hand at it and realized I much prefer to focus on my accounting business than on being a landlord. For those who prefer rental properties as a way to build their wealth, here are some tips for managing your accounting.

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