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Updated about 8 years ago,
Managing Investment Properties - bookkeeping, finances, taxes....
We have rental properties with 3 different property managers around the country and also a couple other properties that we self manage. I am trying to determine a way of keeping track of our return on investment and other general financial management. I was thinking Quickbooks might work but having a hard time understanding the steps necessary to consolidate the data. For example, would I need to import data from my various property managers into one system? I just don't even know where to start. I would be happy to just hire someone if I could find someone good. I want to be able to keep track of our properties success/failure and hopefully have things ready come tax time each year. Thoughts? Suggestions? Thanks in advance.