Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago, 03/07/2017

User Stats

2
Posts
0
Votes
Chris Warren
  • Investor
  • West Palm Beach, FL
0
Votes |
2
Posts

Which version of QuickBooks desktop?

Chris Warren
  • Investor
  • West Palm Beach, FL
Posted

I have four rental properties and am adding at a rate of 1-2 per year.  I have outgrown Excel for bookkeeping and although would love a cloud based program, after comparing applications have decided on QB desktop.

Which version should I purchase?

Also, I have one LLC as a holding company which owns another LLC for each property. Each property's LLC does a K1 to the Holding LLC which then files the return.

I am the owner, but for accounting purposes, should I set up QB with the holding company as the Owner and each property as a Customer?  Or should I leaving the holding company out of it and enter myself as the Owner?

Thanks for any input!

Chris

Loading replies...