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Updated over 4 years ago, 07/12/2020

User Stats

51
Posts
29
Votes
Joe Gee
  • Investor
  • New Orleans, LA
29
Votes |
51
Posts

Quickbooks Online/Accounting Set Up

Joe Gee
  • Investor
  • New Orleans, LA
Posted

Hello, 

I just signed up for Quickbooks Online Plus, and I need some help regarding the set up for my LLC (flipping) and 2 rental properties (personal name).

The cleanest way from what i'm hearing is to set it up as two separate businesses.  But that means I have to purchase another subscription.  I want to avoid having to pay for 2 subscriptions.  

My rental property account has its own separate bank account or course.  

Is there a way to have my LLC account, and my rental property checking account together in the same QBO and separate expenses with classes?

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