Starting Quickbooks Online for flipping

[Jennifer Davenport]

I have degrees in Accounting and understand it but have never used it in real estate nor have I used much Quickbooks. My husband flips houses and has about 5 going at any time. We just set up Quickbooks Online which I've never used before. I've done some searching online but haven't found exactly what I'm looking for. So far I'm leaning towards setting up each property as a class. What I don't know how to do is set it up for the initial purchase and then for the sale. I haven't set up much yet except adding each house as a class. Can anyone offer advice on how to initially track buying the house and then how to put it in Quickbooks once it's sold?