I have been trying to figure out which works best before buying my first property.
Excel spreadsheets - free but time consuming
QuickBooks - $30/month but too complex
Stessa - free version is good enough but runs out of steam soon
How much time do you spend on bookkeeping each month?
What functionality is really important vs marketing mumbo-jumbo?
Did your needs drastically change as you moved from 1 to 3 or more properties?
Could use some real life advice from people who have navigated tax season with rental homes.
Would like to have this cleared up prior to stressing next April like so many people are talking about.
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source https://www.reddit.com/r/RealEstate/comments/1npasth/comparing_rental_property_tracking_systems_what/
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