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Simplify Your Commercial Real Estate Finances with QuickBooks

Master the Art of Bookkeeping and Accounting—Tailored for Success!

Commercial Rental Bookkeeping using QuickBooks

Grab Gita Faust’s comprehensive guide to managing commercial rentals with QuickBooks Software!

Do Any Of These Sounds Like You?

01

Are you a real estate investor managing commercial rentals? If so, you likely spend 40 hours a week managing properties and meticulously tracking your finances, yet your bottom line is still in the red.

02

Are you a commercial property manager who works 10+ hours a day promoting your business, managing money, owners, and tenants, yet find that you’re unable to expand your portfolio despite all the time spent in the office?

03

Are you a bookkeeper, QuickBooks consultant, CPA, or Accountant who spends over 50 hours researching and testing QuickBooks for your commercial rental clients, yet only gets paid for the actual hours you work on client files?
If you are nodding your head to any of the above scenarios, I am here to show you that there’s a better, smarter approach to learning.
I offer a strategy that optimizes your time and minimizes your frustration. I’ll guide you through specific steps on how to efficiently use, enter, and view your data in a way that attracts more clients, requires less time, and fits even the smallest budget. Discover the easiest, simplest, and MOST PROFITABLE method to master QuickBooks for commercial real estate.

Here’s My Personal Story…

Years ago, when I started teaching QuickBooks, I was initially nervous. However, my clients quickly offered their vote of confidence.

Encouraged by their support, I began sharing my system and workflow with others, at the request of those I worked with, including their friends and even competitors.

Over the years, I’ve dedicated countless hours to refining my program for management and accounting, resulting in a meticulously crafted step-by-step system tailored to every facet of the real estate industry.

As an accountant and an Advanced QuickBooks Certified ProAdvisor with over two decades of experience, I continuously sought out improved methods to assist my real estate clients in eliminating errors and generating precise reports for day-to-day use.

That’s what I love most about my business!

01

Are you relying on property management software or Excel, but finding it challenging to handle accounting tasks like tracking maintenance and repair costs, managing closing documents, owner payments, and owner income statements?
I will guide you through the essentials of commercial rental bookkeeping. You’ll learn how to streamline your processes so that transactions need to be entered only once into a single software system, allowing you to generate detailed reports with just the click of a button.

02

Have you been using QuickBooks for the past few years primarily to record all your banking and credit card transactions, categorize them for tax purposes, and then hand them off to your accountant for tax preparation?
That’s a common approach, but it barely scratches the surface of what QuickBooks can do. You can harness QuickBooks to create a comprehensive “set of books” that serves as a valuable reference for important information and detailed reports!

My goal is to enhance your QuickBooks expertise so you can:

  • Reduce your bookkeeping costs.
  • Save time with our streamlined system.
  • Master practical, time-saving shortcuts.
  • Perfect your processes for efficiency.
  • Implement the correct procedures confidently.
  • Establish essential systems for smooth operation.
  • Develop counter-intuitive, yet effective strategies.
  • Demystify the complexities of QuickBooks.
  • Understand which accounts to use and why.
  • Accurately recognize revenue.
  • Navigate your finances with a clear roadmap.
  • Tailor reports to meet your specific needs.
  • Gain greater control over your business operations.
  • Prevent errors on tax returns.
  • Ensure you are prepared for audits

You’ll Learn How To

  • Calculate Escalations
  • Track tenant deposits
  • Collect deposits
  • View tenant balances
  • Track tenant lease dates
  • Manage management fees
  • Track work orders
  • Create property owner statements
  • Standardize Chart of Accounts
  • Enter credit card charges
  • Track expenses vs improvements
  • Record purchase and sale
  • Enter & pay vendor bills
  • Record CAM and Non-Cam
  • Manage operating account
  • Easily create 1099’s
  • And more…

Unlock The Full Potential Of Your Commercial Properties Without Breaking The Bank!​

Many online software can help you manage commercial properties but lack additional features.
Other property management programs do everything but comes with a high price tag.
The Guide to Financial and Commercial Property Management combines
property accounting, financial management, and bookkeeping systems in one convenient package,
– costing a fraction of the cost of what other programs do.
This course teaches a complete system for managing commercial properties, accounting, and getting ready for tax preparation
– a system designed to turn your rental business into a highly profitable enterprise.

The DIY Book Covers The Following Topics

01

Chart of Accounts

We will give you an industry standard chart of accounts and item list to import into QuickBooks.

02

Step-By-Step Instructions

Learn the ins and outs of a practical system you can use every day to help smoothen your workflow.

03

Tenant Leases

Easily manage tenants’ leases, deposits, invoices, payments, deposits, and tenant balances.

04

Lease Abstract & Options

Master managing tenants’ lease abstracts, options, and reminders to ensure you’re always audit-ready!

05

Escalation And CPI

Learn how to efficiently manage your escalation and CPI rent increases.

06

CAM And Non-CAM

Learn to track CAM and non-CAM income and expenses for both rented and vacant units.

07

Escrow Accounting

The potential for delivering trust management and accounting is limitless.

08

Reports

Customize reports and analyze your business from the general ledger to trial balance to avoid errors.

09

Sales And Lodging Tax

Learn how to apply, collect, and record property taxes for state, county, and city sales tax.

07

Everything QuickBooks

We’ve answered 95% of your questions and taught you everything from A to Z about bookkeeping and accounting.

08

Videos

Quickly and easily implement the system by watching the videos we’ve created for your convenience.

09

Bonus

Plan with our unique strategy that takes a day-to-day procedure and applies it to satisfy your specific needs.

This Course is Not For You IF:

  • All of the above list does not apply to you
  • You charge your tenants a fixed rent for the term of the lease.
  • You should check out our Residential courses.

Here’s What You’ll Get

Every Day, people make money by managing commercial rentals and using QuickBooks. Why Not You? It’s Time to learn and make your business profitable. Let QuickBooks Solution Provider and mentor Gita Faust share her secrets on how you can create and use QuickBooks to generate meaningful reports.

Guide

Video

Checklists

Forms

Worksheets

What Is The Difference Between Owners And Managers?

Commercial Rentals for Investors, Landlord and Owners

  • For landlords who manage their own properties
  • Record the purchase and sale of a property
  • Track reimbursements
  • Record personal investments and loans
  • Enter hard money loans
  • Enter soft money loans
  • Track construction loans
  • Save taxes with cost segregation
  • Allocate overhead expenses to property
  • Allocate profit sharing

Commercial Rentals for Property Management Company

  • For managers who manage landlords’ properties
  • Vendor deposits
  • Include markups
  • Reserve funds
  • Calculate management fees
  • Write owner’s checks
  • No more Excel or Google Sheets
  • Owner’s statement summary
  • Create owner’s 1099
  • Owner’s statement detail

Commercial Rental QuickBooks Courses

For QuickBooks Online and Desktop: Pro, Premier, and Enterprise

Commercial Rental Bookkeeping for Investors, Owners, And Landlords

A landlord is typically an individual or entity that owns and rents a unit directly to tenants. They are responsible for managing the property, collecting rent, and maintaining the property. A landlord is the owner and the manager of the rental property. A landlord is a real estate investor.

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commercial property management landlords quickbooks desktop book cover

Commercial Rental Bookkeeping for Property Management Company

A property management company is a business that specializes in managing properties on behalf of landlords or property owners. They typically handle various tasks such as marketing the property, screening tenants, collecting rent, managing maintenance and repairs, and handling any legal or financial issues related to the property.

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Unlock The Full Potential Of Your Commercial Properties Without Breaking The Bank!​

Many online software can help you manage commercial properties but lack additional features.
Other property management programs do everything but comes with a high price tag.
The Guide to Financial and Commercial Property Management combines
property accounting, financial management, and bookkeeping systems in one convenient package,
– costing a fraction of the cost of what other programs do.
This course teaches a complete system for managing commercial properties, accounting, and getting ready for tax preparation
– a system designed to turn your rental business into a highly profitable enterprise.

What Our Clients Think

I want to let you know that I received a lot of value from the materials I purchased!! Your team is very kind and courteous!

Janet Flink

CEO

You are brilliant. I wasn’t reading your emails because of time, thinking I already knew what you were writing about, etc. But when you offered to take away your emails I found myself wanting them – No! You won’t take my emails, even if I am not reading them. (: The mind can be so funny. But good on you, since I plan to read your next email to see if it is valuable for me.

Scott McGregor

I purchased a book by Gita Faust entitled “For the Landlord Whose Properties Are Managed by a Property Management Company.” By following the instructions in Gita’s book I am now able to quickly and accurately account for rental income and expenses. In addition, I have called Gita on several occasions to ask her questions about accounting for rental properties in QuickBooks. In each case, Gita Faust answered all of my questions to my satisfaction.

J.T.

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