setting up real estate assets that are owned in an LLC

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Fish71
Fish71 Member ✭
edited May 2022 in New to Quicken/Getting Started (Mac)
I own rental property in an LLC. My share is 50%. Any thoughts on an easy way to set up the Assets/Liabilities in Quicken so it reflects my % ownership??

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  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
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    I'd just set up an account as "Other Asset", and adjust the value manually whenever you get info re: the LLC.
    There's no really good way, in Q, to reflect "50% ownership", as Q assumes that all assets, and liabilities, are 100% owned.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Fish71
    Fish71 Member ✭
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    ok, thanks...that's what I was afraid of but was hoping there was an internal setting for % of ownership
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