KEEP CASH WORKING WHILE YOU WAIT
Landlords often keep sizable reserves on hand “just in case.” That’s smart, but letting those funds sit idle is a missed opportunity. Parking cash in an account that earns interest while staying fully liquid helps you earn more without locking up funds. This isn’t just about extra income, it’s about offsetting expenses. Earning steady interest on your tax reserves can help cover bookkeeping costs or soften the blow of the big bill when it arrives.
How Crescent Can Help
Crescent offers the best of both worlds: the earnings of a high-yield savings account*, paired with the liquidity and flexibility of checking. Your reserves continue to grow while remaining available the moment you need them.
AUTOMATE YOUR PAPER TRAIL
Another stressor at tax time is finding and organizing records, including receipts from vendors, proof of payments, rent deposits, and expense tracking. Manual bookkeeping makes this harder than it needs to be. Consider tools that automatically log every payment, bill, and transfer in real time. The advantages add up quickly:
Fewer missing receipts: Each transaction creates its own timestamped record.
Cleaner categories: Payments can be tagged by vendor or property, saving hours during tax prep.
Easy exporting: When it’s time to reconcile with your CPA, you can quickly download clear statements instead of sifting through paper.
How Crescent Can Help
With Crescent’s bill pay, invoicing, and real-time transaction tracking, landlords get a built-in digital paper trail. Every expense and payment is recorded and organized automatically with no shoebox of receipts required.
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