Bookkeeping & Accounting Software

[JJ J.]

Does anyone have a recommendation for good accounting software for bookkeeping, etc. for rental properties? Preferably something that can download transactions from bank accounts. Thanks!

[Gita Faust]

Ji J, 

Automation is good and bad, depending on what you are looking to accomplish. Do you want to be able to analysis your income and spending? If so automation is not the way to go.

I would suggest QuickBooks reasonable and easy to use at the same time all software has a learning curve. Make sure use use it as a property management and accounting software. So you can eliminate any third party management software.

Free software is good, but would you trust that company with all your data, hmmmm let us see, purchase price; account numbers of bank, credit card, loan; bank balances; where you are spending money and how much? Think about it.