Tracking rental income and expenses

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pdorai
pdorai Member

I have a home that is now rented out and being managed by a property management company. I would like to track the rental income and the expenses going toward the property. Is there a way to do this with Quicken Premier or do I need to upgrade to Quicken Home & Business?

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Answers

  • RalphC
    RalphC Member ✭✭✭✭
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    I accomplished this using Quicken Deluxe.

    From Quicken help:

    Quicken Deluxe has built-in categories for rental property
    expenses and income. These categories are useful for tracking
    rental income, property management fees, maintenance and
    repairs, mortgage interest, property taxes, insurance, and other
    related expenses. By categorizing your rental property
    transactions accurately, you can easily monitor your rental
    property finances and generate reports to help with budgeting
    and tax preparation.

  • splasher
    splasher SuperUser ✭✭✭✭✭
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    Since you are only dealing with your interaction between you and the prop manager, any version of Quicken could track it. The business version would be useful if you were dealing with the renters and tracking information at that level.

    -splasher using Q continuously since 1996
    - Subscription Quicken - Win11 and QW2013 - Win11
    -Questions? Check out the Quicken Windows FAQ list