Good source for setting up Quickbooks

[Monty McLamb]

I searched previous forums but could not find the answer I was looking. Does anyone know of a book or website that shows how to set up quickbooks for a RE investor? Amazon only had a few and the descriptions and reviews didn't impress me. I'm looking for something that shows a chart of accounts, how to properly enter transactions, how to set up each property, tenant and unit. Any and all recommendations are appreciated.

[Katherine Serrell]

Accountant here!! 

What kind of income do you have? If it is just rental income, I wouldnt use quickbooks...I love Buildium as it is a really good accounting software and property management software (if you have less than 50 units) that also runs background checks. 

If you are doing flips, BRRRs, wholesale deals etc and you are NOT an accountant... I would pay your CPA the nominal fee they charge to do your bookkeeping. I am an accountant but dont specialize in that kind of transaction accounting and wouldnt do my own bookkeeping or even do my own taxes if I had any of these complex situations to be honest since I dont do that everyday and the tax law is so intricate and ever-changing. You should rely on experts when experts are needed. 

***NOT ALL CPA's KNOW HOW TO DO THIS KIND OF ACCOUNTING SO ASK!!!****