Property management software may help.

@Susan O.Your accountant's software should be able to rollover the depreciable basis of property you own every year.

I might also be sick of the annual audits interrupting my life, another fun characteristic of commercial loans.

What software do you guys use to manage income and expenses so that filing taxes at year end is manageable?

I use buildium for my PM software and I use their tenant screening tools.

Being in the military and deploying around the world, I used free software offered to military members. 

@Marco ZacariasCPA is a professional designation awarded to those who have a college degree, passed 4 exams on various topics ranging from tax, law, regulations, auditing and accounting.

Hello guys, I am searching for a quality tracking software that comes with below features.  1.

@Alina Trigub Thanks for your response.My goal is to semi-retire by slowly shifting my core income from my current software consulting business into real estate income.

@Mohamed Nagoor , It's up to you how you want to keep a record for the flips. ( excel vs Quick books vs other software) You are going to have two kinds of expenses: 1) operational expenses - can be deducted this year as a business expense under Schedule C, if you have SMLLC2) the expenses that are directly or indirectly related to the flip property.