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Updated over 2 years ago on . Most recent reply

Is accounting software needed?
Howdy all,
My wife and I have two rentals that we just finished the BRRRR process on, and I was wondering how many people actually use an accounting software to keep up with things? I planned on using quickbooks, but was unsure on if other investors typically use an accounting software at all. We do have a CPA that we work with as well as a property manager who manages our properties, if that makes a difference.
Thanks in advance!
Most Popular Reply

Quote from @Cody Mitchell:
Howdy all,
My wife and I have two rentals that we just finished the BRRRR process on, and I was wondering how many people actually use an accounting software to keep up with things? I planned on using quickbooks, but was unsure on if other investors typically use an accounting software at all. We do have a CPA that we work with as well as a property manager who manages our properties, if that makes a difference.
Thanks in advance!
For two rentals I would use excel, and typically if you have a PM you just take the monthly reports and give to your cpa. I do not believe quickbooks is needed
- Chris Seveney
