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October 19, 2024
Question

Can I use QuickBooks to run Property Management real estate business please ?

  • October 19, 2024
  • 1 reply
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I have a client with hundreds of different buildings. flats, showrooms and other real estate units and he wants manage everything related to this business using QuickBooks from invoicing, collections and operating  

1 reply

October 19, 2024

Yes, QuickBooks can be used to run a property management real estate business,Mahmoud.

 

However, there are certain limitations and guidelines for real estate businesses using QuickBooks. To manage real estate in QuickBooks Online, you can set up a separate business entity for each property or use classes to track income and expenses for each property.

You can take a look at this link for guidance: Get started with class tracking in QuickBooks Online.

 

Should you require assistance while utilizing QuickBooks, please do not hesitate to inform me. I am always available to provide support.