New to Quicken - adding rental properties

Adventurer
Adventurer Quicken Windows Subscription Member ✭✭

I am new to Quicken, been using Quickbooks for 15+ years. In QB I used the contractor version so that each property was a “job”. I could then track income and expenses, worked great !

Q 1 : Can/should I enter each property individually ?

Q 2 : I entered one that I have a loan on, but none of the others have loans, should I be entering it's value or how much I paid for each property ?

Q 3 : Does Quicken keep track ( by property ) the income and expenses ?

** Each of our properties has it's own checking account. Is there a way to link each checking account to each property ?

Comments

  • MontanaKarl
    MontanaKarl Quicken Mac Subscription Member, SuperUser, Mac Beta Beta

    @Adventurer you don't mention which version of Quicken you have licensed. I assume you got the Business and Rental Property edition? If not, that's what you should have for your needs. It will not match a full accounting program like you had been using, but the online help and the dedicated forum should help you get started. I assume you have found this subforum for this product edition:

    https://community.quicken.com/categories/quickencommunity_business_and_rental_property_tools_windows

    Quicken user since 1990, MacBook Pro M2 Max on Sequoia 15.1.1

  • Adventurer
    Adventurer Quicken Windows Subscription Member ✭✭

    Correct, I purchased the Home, Business and Rental Property version.

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