Quickbooks: Online vs Desktop version. Pro vs. Premier?

[Cory Iannacone]

Looking for some guidance on Quickbooks as a REI who is only in the beginning stages.

1. Online vs. Desktop.  In short, the benefits from the online version appear to be easy access from remote locations and having multiple users access it.  Drawbacks appear to be the monthly cost.  Desktop benefits appear to be a 1 time fee up front.  But drawbacks would be no online access (i.e. must use the computer which software is downloaded on).  I would be inclined to go with the desktop version to save money.

2. Pro vs. Premier.  My accountant is recommending Premier because he said you can track each properties' finances (including profit / loss) separately.   It looks like a lot of people on BP use Pro.  Any further input would be greatly appreciated.