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 2022

    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

     

    Quicken Help! (Quicken for Windows)

    If you're unsure on how to do something, you can find more information about a specific task, function, feature or report in Quicken Help.
    To access Quicken Help simply press the F1 key from anywhere in Quicken (or click Help in the Menu bar, then click Quicken Help).
    Or use the Search tab to search using keywords, e.g., "buy security".
    Some Quicken view screens may have a blue (or yellow) button with a question mark. Click it to get view - specific help.
    A browser-based version is available here: https://help.quicken.com/display/WIN/Quicken+Windows+Help

    After setting up your personal and business bank accounts in Quicken, to get started with setting up a small business start reading here: https://help.quicken.com/display/WIN/Business

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