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Updated over 4 years ago on . Most recent reply

User Stats

8
Posts
1
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Justin Mavromatis
  • Rental Property Investor
1
Votes |
8
Posts

Accounting software for small short term rentals?

Justin Mavromatis
  • Rental Property Investor
Posted

Hi Everyone, I am currently on my first short term rental/ investment property.

My wife and I are doing our own renovations. I am looking for an accounting software to help me track my expenses. Home Depot, hardware store, Amazon, etc. I would like something to support bookkeeping but also produce basic reports. Ideally, cloud based.

Thanks in advance.

Most Popular Reply

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60
Posts
88
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Megan King
  • Real Estate Broker
  • Dallas/Ft Worth
88
Votes |
60
Posts
Megan King
  • Real Estate Broker
  • Dallas/Ft Worth
Replied

The web based QuickBooks is my recommendation. You can link your credit card and bank account. Classify transactions as they come in and can run reports (sounds like most of your transactions will be Building Improvements and added to the cost of house, not expensed). Although for just one property, QuickBooks may be too expensive. It’s great, though! 

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