Replies

1. 
   GregGibson | Apr 25, 2005 05:45pm | #1

   I use Quicken and have a separate bank account where I combine my small farm and all rental property income and expenses.  Quicken has you identify each logged expense item and you can set up new categories to match what you're doing. 

   I just use the numbers for the property street address and the first category, that way at the end of the year, I can tell precisely which checks were issued for which property.  So 809, 2617, 1654 all become identifiers. 

   Quicken is really great, I keep my Corporate Account, Personal Checking, and my Office Expense Account on it, too.

   Greg

1. 
   BillHartmann | Apr 25, 2005 05:50pm | #2

   If you have rentals then CLASSES are what you want to ID the properties and CATEGORIES for income/expensses.

1. 
   GregGibson | Apr 25, 2005 06:39pm | #3

   You're right, Bill.  I'm on a different computer than the one I do my books on.  Couldn't remember the headings right off the bat - it's so easy to use, it's just automatic.

   Greg

2. 
   DanT | Apr 26, 2005 04:20am | #4

   I use the same as the guys above.  We keep a seperate checkbook for each ownership group of properties.  My wife and I own some so that is a seperate check book.  My brother and I own a few and that is a seperate check book.  DanT