Assigning expenses to specific rental properties

Jacob Garcia

Hi,

New to Quicken. I have the Quicken for Home and business. I am going through sorting all of my transactions and its going well. But does anyone know how to assign specific repairs or other expenses to a specific property? It lets me tag it as a repair, but it just is not going to separate based on property for the end of the year tax purposes.

Any help would be helpful. Thank you!

Jacob

UKR

In my Test file, I just recorded this credit card charge for plumbing repairs:

The category is one of the standard Rental Expense categories, assigned to tax line item Schedule E:Repairs.
The Tag shows which rental property to assign the expense to.
Taking a quick look at Schedule E or Tax Summary reports and some of the Rental tab views, the transaction shows up as expected.