QuickBooks Online For Landlords

Would this be helpful if I only have one rental and a note payment from the sale of a property?

What is the best quick books to use for landlords

I am a full time landlord and use QB Desktop Accountant 2021. I am thinking of converting to QB online. Did you know what version of QB online I would need? It seems Plus or Advance - I need to customize reports. Thanks

I have a new bookkeeping client who is a landlord, but he uses a Property Management company. I'm using class tracking to track expenses and rental income by unit. Do I need to list the tenants, since the PM is billing, collecting rent and fees from the tenants and maintaining their own separate books in their property management software? I create a Journal Entry every month to break out the different items on the Owner's Statement from the PM.

I am setting up a new rental home I own in Quickbooks. I know how to enter expenses, however, do I set up the rental income under "income"?

Great video and best of all it's free. Cant beat this! I thank you so much for all your quickbook videos. I actually watched it from beginning to end. I wonder can i start with the lowest QuickBooks plan (simple start) since I'm new with my management company?

cannot find the "transaction list by customer" option @30.20

How do you get rollup reports at the PROPERTY level (Payton Place/Meadow) As well as at the PARENT level ?

Great video. Would you recommend using one subscription for multiple properties? I was always taught one entity per company file.

this is very valuable information, but I get a headache watching it, because the colors flicker :(

This is GOLD!

Hello Sir,
Hope you will be doing great. I have query regarding the tenant yearly recording invoice. I just join real estate company as an accountant and I never been worked with real estate before. So, previous accountant record all invoices of a product/services in a bundle category which I believe should have to be in services category. Another thing is real estate work as intermediate so all income or cash belong to landlord and in our software it is recorded in account receivable. How should I connect landlord income to their account or expense account, because for us it is an expense not our income. In addition he(Previous accountant) used journal entry to convert that landlord receivable to cost of sales to remove that from income in profit and loss.
It looks like a big mess could you please guide me in that.

My QB are a hot mess. trying to create a Trial Balance Report and since I downloaded my accounts and credit card information it has already created reports! Ahh so when I try to delete them it asks me if I want to delete but when I click yes, they do not go away. Help?

I have rental income from a cabin, leasing income from land I lease for hunting, and farm income from cattle. How can I differentiate these so when tax time comes all of the income and expenses are separated for our CPA?

In your class on property management you made renters an ‘job’ under the landlord in the customer filed. Can I do this in QuickBooks on line? I am accounting for an HOA which is acting as it’s own property manager so I would like to make the home the landlord and the current owner the tenant. That way I have a continuing record of each home even when ownership changes.

How do I create a paid stamped invoice for the rent I have already received without applying them to the invoices?

Do the tenant have to have a quickbook account to pay invoice?

Hi Mark, thank you for the walkthrough, one question i have, couldn't accounts payable be used instead of accounts recievable for unearned rental income?

Thank you so much for this video, It really helps a lot on my understanding Quick books Online. More power to you Mark.

Hey Mark! What will be the difference if I will just use Deposit(Bank deposit) instead of Payment(Receive payment)?
Because for me it's sounds more appropriate in the Landlords perspective.

Thank you so much. big help!!!

Goodday! Why create additional product list instead of adding an account which is for example bad debt expense? TYI

I cannot tell you how thankful I am you literally just released this video. I am in the process of organizing our books, and this was a godsend. As a landlord, the power of having access to this is incredible, as it allows us to accurately measure property performance, probably better than any property manager can. Thank you, and look forward to more of these landlord-specific guides.

Which version of Quickbooks online is needed to do everything you show in this video please?

You're the best❤❤❤

Can I used QuickBooks accountant desktop version instead of the online version to manage my rental propereties?

Bless Your Heart 💛🥹

On the January rent invoice dated 1/31/2023, what date should you use as the due date?

thank you sir😍😍

thank you