Real Estate Agent · Indianapolis IN · Member since 2022 · 144 posts · 65 votes
Hello! It's the TAXING time of the year! And starting 2023 off and running
Asking for your opinions about your favorite (or least favorite) accounting software programs other than QuickBooks. This has been a common topic between other RE Brokers and my investor clients.
This particular "survey" is aimed for a small scale operation of properties (less than 10) with no need for Invoicing, Inventory Control, Project Management, Payroll or additional users. Quickbooks has proven to be overkill for most of these smaller businesses that don't need a lot of options.
Seeking your reviews for a good tracking system that includes income/expenses for a few separate properties. And 1099 income for the single LLC.
I'd love to see some other recommendations as well as I am trying to decide what to use, and I don't fancy paying $85/mo. for the few units I have. Maybe once I expand my business. But for just getting going? FreshBooks has been around a little while now. Has it become easier for CPAs to integrate?
Investor · Las Vegas, NV · Member since 2013 · 8k+ posts · 10k+ votes
3y
If you click on the magnifying glass in the upper corner you will see this is literally asked monthly if not weekly.
If you have less than 30 properties quicken is overkill and it cost $50. That’s a 1 time fee unless you want updates and auto downloading of all bank and credit card transactions with semi-automatic categorization among properties. Then it’s $50/year, basically nothing.
Hello! It's the TAXING time of the year! And starting 2023 off and running
Asking for your opinions about your favorite (or least favorite) accounting software programs other than QuickBooks. This has been a common topic between other RE Brokers and my investor clients.
This particular "survey" is aimed for a small scale operation of properties (less than 10) with no need for Invoicing, Inventory Control, Project Management, Payroll or additional users. Quickbooks has proven to be overkill for most of these smaller businesses that don't need a lot of options.
Seeking your reviews for a good tracking system that includes income/expenses for a few separate properties. And 1099 income for the single LLC.