View Full Version: Best Tax/accounting Softwear? What Do You Use?

Best Tax/accounting Softwear? What Do You Use?

ZinOrganization
2008-02-07 11:13

Im looking to get all my bookkeeping organized into one or two programs. I have heard everything from using MS Excell to using qucken for landlords program to quickbooks. Which one is best or is a combination of them best? I have a few rental properties in seperate LLC's and flip between 10-15 properties a year in my LLC thats taxed as an S-Corp. I was thinking of gettting the Quicken "for Landlords" for my rental properties and then just Quickbooks or regular Quicken for my Flips? What do you guys use? Thanks


loon
2008-02-07 11:31

After trying to learn Quickbooks, I decided it was too anal (and I have an MA in Economics!), so I settled on Quicken Rental Property Manager. Pretty intuitive and easy to use, exports to Turbo Tax, and you can set up one folder for your rentals and their income and expenses, and another folder for flips, where you can use the "expenses" function to keep track of your additions to basis and such.

I have my assistant enter all the stuff, and then hand it all over to my acct at year's end.


d_random
2008-02-07 12:11

Long time no see Zin!
Have you been lurking for a year or what?


cjmazur
2008-02-07 12:33

I would use just 1 account package. Seem like way too much of a headache to have 2.

I use quickbooks, and to be honest other than the payroll feature and auto fill of some tax forms in quickbooks, quicken would be fine


ZinOrganization
2008-02-07 14:36

Oh im still out here, dont you worry, haha. I still check in from time to time, i guess you could say i lurk!


Quote:

On 2008-02-07 12:11, d_random wrote:
Long time no see Zin!
Have you been lurking for a year or what?


Word Cloud


dont function fineoh worry fill everything quotexpensesquot trying 20080207 d_random 1211 learn gettting what rental keep haha flips taxaccounting honest account year some economics lurking hand organized income seem thinking other forms program thats rentals track here guess have property into thanksafter heard package could combination 1015 llcs turbo payroll which between properties just than stuff landlords guys qucken like softwear enter settled basis much where taxed manager auto assistant flip lurkquoteon been another time still headache programs using quickbooks looking easy anal additions landlordsquot them quicken feature expenses acct intuitive seperate would check scorp endlong wrotelong decided then suchi years exports regular zinhave excell best quotfor pretty bookkeeping folder over