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Updated over 6 years ago on . Most recent reply

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Shannon Curtis
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17
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Tracking Income and Expenses for Multiple Properties

Shannon Curtis
Posted

What are some suggestions on programs to use to track income and expenses on multiple properties (5-10 multi family units).  Quickbooks, etc...

Most Popular Reply

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1,632
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Johann Jells
  • Rental Property Investor
  • Jersey City, NJ
875
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1,632
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Johann Jells
  • Rental Property Investor
  • Jersey City, NJ
Replied

I know a lot of people like QB, but its expensive and I've been using Quicken for decades, you just set up the categories for each type of transaction, and categorize the transactions that you download from the checking and CC banks. Once every transaction is categorized, you can print whatever reports you want.  I don't need the payroll or any other fancy features of QB, I barely use the "financial management" features of Quicken, it's just a ledger.

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