Business bookeeping for real estate investing

[Emily R.]

I want to organize my business books better to be able to quickly apply for loans, LOC, share with an accountant, file taxes, etc. I have 1 property in my LLC and I'm about to buy 1 more within it. Both will be managed by my PM who uses Buildium. I want to be able to pull statements quickly for my LLC that looks similar to the one I get from Buildium for my business that includes my mortgage, insurance, repairs to property (that happen before I hand them off to the PM), rental license fees, general business expenses like for my virtual mailbox & registered agent, etc. I essentially want to be able to marry the data easily from Buildium to quickly so I get a full financial view of my business. Would QuickBooks be my best bet or is there something else that would fit my needs better?

[Jason Taken]

Quote from @Emily R.:

I want to organize my business books better to be able to quickly apply for loans, LOC, share with an accountant, file taxes, etc. I have 1 property in my LLC and I'm about to buy 1 more within it. Both will be managed by my PM who uses Buildium. I want to be able to pull statements quickly for my LLC that looks similar to the one I get from Buildium for my business that includes my mortgage, insurance, repairs to property (that happen before I hand them off to the PM), rental license fees, general business expenses like for my virtual mailbox & registered agent, etc. I essentially want to be able to marry the data easily from Buildium to quickly so I get a full financial view of my business. Would QuickBooks be my best bet or is there something else that would fit my needs better?

I'm biased - but I hated Quickbooks. It was too many clicks and too much manual work for reconciling. I actually shifted over to something custom with chatgpt/claude for reconciliation, and over time, it learned what expenses were what and have made monthly/quartlerly and yearly books way easier for me. To each their own though.