Rental Property

I recently purchased a rental property. How do I set up the rental property in Quicken (less confusing way) I would like to keep the income and expenses under a separate section (not commingling accounts in with my personal expense accounts). Rental Property ~ Name of property ~ Income ~ Rental income ~ Repairs ~ then several subcategories
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Answers

  • Jim_Harman
    Jim_Harman SuperUser ✭✭✭✭✭
    Less confusing than what?

    When you refer to accounts, do you mean actual bank accounts, or what Quicken calls Categories? I think it is Categories, but please clarify.

    What edition of Quicken are you running? Home and Business has some features and reports that are tailored for rental properties.

    Normally you would assign income and expenses for the property to Categories in the Business Income and Business Expenses category groups. You would use a different Tag for each property you own.
    QWin Premier subscription
  • UKR
    UKR SuperUser ✭✭✭✭✭
    edited September 19

    Are you new to Quicken for Windows?

    Welcome.
    Please read this for more information, some videos and a list of resources to help familiarize yourself with Quicken:
    https://www.quicken.com/quicken-tips
    https://www.quicken.com/complete-guide-getting-started-quicken-2018-windows

     

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