Updated almost 14 years ago on .
Most recent reply
presented by
What "books" do you keep for your rental properties?
Right now I just have Quicken files for the properties, a corporate kit for the one LLC, and Excel spreadsheets where I input the information from my deductible receipts. Is there a better system? Should I be doing things differently? Thanks.
Most Popular Reply
I keep all my records in Quicken as well.
At the end of the year I send my CPA a Quicken report for each property as well as a pdf with all scanned receipts for each property.
I use Quicken anyway for my personal finances, so this was a quick cheap solution for me.