Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

97
Posts
55
Votes
Kenneth Cowan
  • Chicago, IL
55
Votes |
97
Posts

Any bookkeeping recommendations or apps/software for tracking?

Kenneth Cowan
  • Chicago, IL
Posted

I'm on the doorstep of acquiring my first investment property(s).  I've been laser focused on that process, but have finally zoomed out a little and started to think about preparing myself for what happens AFTER I finally get rolling.

So, I'm seeking recommendations for simple bookkeeping.  If you have a property manager, do they handle all/most of this for you?  How much is passed onto your CPA?

 Any good apps or desktop software that is recommended? Any training courses?

Most Popular Reply

User Stats

5,544
Posts
2,364
Votes
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
2,364
Votes |
5,544
Posts
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

For self-managed, I find Quickbooks to be just fine - - the desktop top version.

If you have any training in accounting, even just one simple class, then the concepts make sense and you're just looking for "How does QB handle ...?".

At YE, I print the PnL & Balance sheet and pass that to the CPA - - finito.

Loading replies...