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Updated over 6 years ago, 08/06/2018
why am I spending time on quickbooks?
OK, this sounds like a silly question but I really want to know if this is necessary and why. We have 19 accuired 19 doors using the BRRRR method mostly. 4 duplexes and the rest are SFH's. Wife has spend many MANY hours trying to keep Quickbooks pro straight over last 3 years or so.
We have yet to ever use quickbooks for any useful reason. Lenders never need anything from it, I don't, wife don't. When we do our taxes we break our the big table and categorize receipts (which usually have notes written on each one). Quickbooks does not transfer to Turbo Tax very well for realistate investors.
I would love to delete this curse from our lives and just use my reciepts.
Would love to hear some advise on this area.
Thank you all!