Quickbooks for Rentals

[Zachary Caudill]

I bought Quickbooks for the desktop for my rental properties. I have been watching videos trying to learn how to use quickbooks. I’m

Having trouble applying it to real estate. Does anyone have have any sources of information or specific videos I can look at to help me learn this system? Thank you

[Daniel Hyman]

@Zachary Caudill

If QBDT is anything like the online version, you should be able to set up "classes" for each property. You can then associate every transaction with its respective property. Once all transactions are entered and reconciled, you'll be able to generate a Profit & Loss statement and balance sheet for each property and the portfolio as a whole.