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Best Accounting System for Landlords
Posted on 10/5/23 at 10:53 am
Posted on 10/5/23 at 10:53 am
I work with a large scale accounting/enterprise resource system at work - InforERP.
For my personal rental properties, I have used Microsoft Money 95 (3 1/2 floppies) for 25 years, and LOVE IT. Everything I need, nothing I don't. MS Money 2007 had a bunch of extra crap added to it so I stayed with 95 and managed to make it run up to Windows 11.
What does everyone else use?
Quickbooks is the popular answer, but again a bunch of functionality I don't need.
Google Sheets is looking good, but data privacy concerns, Excel SaaS or older owned version is also a thought.
Thought I would get some input...
For my personal rental properties, I have used Microsoft Money 95 (3 1/2 floppies) for 25 years, and LOVE IT. Everything I need, nothing I don't. MS Money 2007 had a bunch of extra crap added to it so I stayed with 95 and managed to make it run up to Windows 11.
What does everyone else use?
Quickbooks is the popular answer, but again a bunch of functionality I don't need.
Google Sheets is looking good, but data privacy concerns, Excel SaaS or older owned version is also a thought.
Thought I would get some input...
Posted on 10/5/23 at 11:02 am to DarthGadget
Just a low level Quickbooks Online subscription should do you well. Create recurring invoices for your tenants, create recurring bills for you mortgage.
Posted on 10/5/23 at 1:14 pm to DarthGadget
Quicken Home & Business manages rental property and can probably replace Microsoft Money
Posted on 10/5/23 at 3:18 pm to DarthGadget
Hang tight, I'm in DD on purchase of a software business that automates much of this process.
If you wanna email me - genejr at bayou d0t net
Probably 60 days out on it.
If you wanna email me - genejr at bayou d0t net
Probably 60 days out on it.
Posted on 10/5/23 at 8:34 pm to DarthGadget
Green paper ledger sheets if you know what you are doing. If you don't know what you are doing, it's doesn't matter.
Posted on 10/5/23 at 10:55 pm to DarthGadget
Been using Doorloop lately. Very satisfied
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