quicken 2017 home and business set up rental property tab

Setting Up Rental Property Tab in Quicken 2017 Home and Business

When it comes to tracking rental properties using Quicken 2017 Home and Business, setting up the rental property tab is a crucial step. This feature allows you to manage your rental properties efficiently, making it easier to review your data and make informed financial decisions.

Adding Rental Property Tag

To start, you'll need to add a rental property tag to your transactions. Once you do this, Quicken provides several ways for you to review your rental property data. This includes the ability to change the property name, which automatically updates the house account name.

Property Name and House Account Name

It's essential to note that the house account name must be identical to the property name. If you change the property name, Quicken will update the house account name accordingly.

Adding Properties and Units

To add a new property or unit, simply click on 'Properties & Tenants' and then select 'Add Property.' You can also add notes to enter any extra information about each document. To do this, click on 'Attach' and upload a scanned copy of the document.

Uploading Documents

You can upload various documents related to the property, including property registration documents, deeds, pictures, and maps. These documents will be stored in the 'Property Documents' tab for easy access.

Editing Property Information

If you need to edit the property information later, simply click on 'Properties & Tenants' on the Rent Center page, select 'Show Property List,' and then click 'Edit.' This will allow you to modify the property details as needed.

Creating or Linking a House Account

When setting up a new rental property in Quicken 2017 Home and Business, you have three options:

1. Select an available house account from the list.

2. Link an existing house account with the property if you have one that is not linked to any property yet.

3. Create a new house account to associate with the property.

By following these steps, you can efficiently set up your rental property tab in Quicken 2017 Home and Business, ensuring accurate tracking of your rental properties and making it easier to manage your finances.

Quicken 2017 home and business set up rental property tab