Quickbooks when managing properties for self and family.

[Brigitte Garrett]

My husband and I are managing our own multi unit properties and multi unit properties owned by his parents. I currently am using separate company files for each owner on QB. What a hassle signing in and out of each! I've been researching how property managers use QB by setting up each owner as a customer and class, each property as a job, each unit/door as sub job, and tenant as sub sub job. If I change to this format how will I produce reports as follows: 1. Balance Sheet by owner(would that be run by class or customer?) 2. P&L with columns for each property and an owner total (exclude other owner) 3. P&L Same as above but with one more level of detail to include a column for each renter, subtotal by unit, subtotal by property and grand total by owner. No info of other owner on this report. I have Nancy Neville's book (very good). It does seem like there is duplication in having to mark transactions with both a job and class when they have been set up with the same titles. Can't you run the same financials on either jobs and on classes? Why use both? Thanks all!