Tracking multiple rental properties without classes

Hi there, Jan. 

I'd like to share some insights about tracking your multiple rental properties.

There are other features available that may be more specific for your tracking and reporting needs without the use of the class tracking feature:

• If you do business in multiple locations, you can use location tracking. This is a more precise way of tracking sales, purchases, and profitability by location.
• For projects, you can utilize the Projects feature to track job costs and income. This will allow you to manage/see your progress from a single dashboard.
• In the event, you need to classify what's being sold, group your products/services into different categories. This gives a clearer picture of sales.
• You can also check out our QuickBooks App Store to see if there are any applications that you'd prefer to use.

Before deciding how you'd like to begin tracking your expenses and rent payments, I'd recommend working with an accounting professional. They'll be able to help identify which process works best for your business needs.

On the other hand, If you're using our Plus or Advanced plans, you can track income, expenses, and/or profitability by business segment with class tracking. This enables you to have a clear picture of each segment's financial health while running reports.

If you decide to upgrade your subscription to QuickBooks Plus or Advanced, you can do so anytime. 

You can take a look at the following pointers below to know more about this feature. The links will provide you with steps from setting up to pulling up reports to review your transactions with locations:

• Get started with class tracking in QuickBooks Online.
• Set up and use location tracking.

If I can be of help while working in QuickBooks, please let me know. I'm always here to keep helping. Have a good one!