The GSD blog
Real numbers for real estate operators
How-to guides on investor bookkeeping, job costing, and the accounting behind flips, rentals, and construction, written by the team that does it all day.
How Hemlane Works: A Deep Dive for Property Owners, Managers, and Their Accountants
How Hemlane actually works. The plans, the local agent model, rent collection, and what it means for your books as an owner, a manager, or the accountant behind both.
Read the guide → July 7, 2026 · Construction financeDraw Request Packages That Get Funded in Days, Not Weeks
What goes in a construction draw package, why lenders slow-fund messy ones, and the bookkeeping setup that makes every draw request a same-day send.
Read the guide → June 10, 2026 · Investor bookkeepingReal Estate Accounting 101: A Complete Guide for Investors and Property Owners
The complete guide to real estate accounting. Per-property tracking, flip vs. rental treatment, depreciation, entity structure, 1031 basics, and the mistakes that cost investors real money.
Read the guide → May 14, 2026 · Investor financingThe Lender-Ready Financials Checklist: What Underwriters Actually Ask For
The exact financial package lenders ask for on a refi or purchase, why most investor books can’t produce it, and what lender-ready means in practice.
Read the guide → April 17, 2026 · Investor bookkeeping1031 Exchange Accounting: How to Record and Track a Like-Kind Exchange
A 1031 exchange defers the tax, not the accounting. How to remove the old property, record the new one at carryover basis, track the deferred gain, and run two depreciation streams.
Read the guide → March 21, 2026 · Flip accountingFlip Accounting 101: Why Your Rehab Costs Don’t Belong in Repairs & Maintenance
Rehab costs on a flip are inventory, not expenses. Here’s what expensing them does to your numbers, and how the WIP-to-COGS flow should actually work in QuickBooks.
Read the guide → February 22, 2026 · QBO how-toHow to Set Up QuickBooks Online for Rental Properties (Class Tracking, Step by Step)
The exact QBO class tracking setup we use for rental clients. One class per property, every transaction tagged, and a real per-property P&L instead of one blended number.
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