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Found 3 results

  1. I'm preparing to buy my first property next year, and am getting my strategy together, and want to keep really good records from the start. I'm confused about when I will start making money. Let's say I need 30k to cover the deposit, legal etc costs, renovations, insurance, all of the costs, and then after paying the mortgage I make £100 per month. In my mind I don't make a profit for 300 (plus extra yearly expenses) months, because my initial outlay was so much, but I technically would have an income of £100 more than my wage. Is it a yearly thing, like i'd make a loss in the first year and t
  2. Hi, Can anyone recommend a good accountant in the Hertfordshire region, preferably close to my hometown of Hemel Hempstead if possible. Any recommendations or advice would be greatly appreciated. Many Thanks, Richard
  3. Hi, I am currently using a pretty standard spreadsheet to log my expenses and income but was wondering if there is a better way of keeping records? I want to see if I can do my own tax returns (save some money) and want to make sure that my bookkeeping is watertight. Also, my day job is majorly time consuming, so saved time is always a bonus. I looked online and a lot of people seem to think quickbooks or something like that may be a good investment. What I would like to know is what do the landlords on this site use for bookkeeping etc? Any tips or tricks of the trade would be greatl
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