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Running Quicken for Windows on a Mac

This discussion was created from comments split from: Should I use Mac or Windows?.
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Because I manage several rental properties, I am interested in running Windows, and Windows Quicken Home and Business on my Mac via something like Parallel. Any suggestions or warnings?
I assume that I will be able to transfer all my data accordingly? Thoughts?
....one more thing, are there any issues with doing this on a new Mac with the new M1 processor?
Thanks
https://b2b.parallels.com/Apple-Silicon
Also, I'm sorry to say that conversion of data files from QMac to QWin is not in a good state. I don't know all the details, but if you search here on the community you will find lots of info.