I have the Home, Business & Rental Property program by Quicken. I have not explored the business & rental property side of it yet. Would it be suitable as a substitute for Quickbooks?
Hey Lyn, this is a terrific question. In my opinion, while you can use Quicken to manage your personal budget, I never recommend it to manage business finances. QuickBooks is much more suited for businesses and I think it is much easier to use than Quicken. If you’re looking for an accounting software to manage property, check out our Best Real Estate Accounting software guide which has some great options.
Crystalynn Shelton, CPA
315 Madison Avenue, 24th Floor
New York, NY 10017
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