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Updated about 7 years ago on . Most recent reply

User Stats

631
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Justin R.
  • Rental Property Investor
  • San Anselmo
570
Votes |
631
Posts

Is Quickbooks the best program for R.E. Investors?

Justin R.
  • Rental Property Investor
  • San Anselmo
Posted

I need help organizing my rental property finances, R.E. Balance sheets, Cash flow statements, etc.

It seems that many software programs are set up for accountants, or property managers (NOT owners.)

What do you use? Any suggestions?

  • Justin R.
  • Most Popular Reply

    User Stats

    1,270
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    Trevor Ewen
    • Rental Property Investor
    • Weehawken, NJ
    704
    Votes |
    1,270
    Posts
    Trevor Ewen
    • Rental Property Investor
    • Weehawken, NJ
    Replied

    @Justin R.

    Quickbooks has been the standard, but I definitely think it's starting to show it's age.

    For my money, you can't do much better than  Xero. It's a more modern, cloud-based product. It's used for similarly complex business accounting. It also synchronizes well with other platforms, including the one I use for expenses.

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