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Tag: quickbooks for real estate

QuickBooks Online Raises Price Again to $99 monthly and it does not work for investors

Posted on February 28, 2025February 28, 2025 By wizard
QuickBooks Online Subscription Price $99 monthly


CAUTION: If you have already purchased QuickBooks Pro Desktop for PCs, Intuit is now forcing us to pay an annual licensing fee.

Intuit stopped selling the QuickBooks Pro Desktop for PC software. If you need to start from scratch, I highly recommend to purchase Quicken Deluxe.

Here’s a recent question received from a 20 year user of Investor Books and Tenant Tracking.


QUESTION: Hi Mike,

I took one of your RE course about 20 years ago and purchased Investor Books and Tenant Tracking.  QuickBooks has since gone to a subscription model and their latest cost is $999 per year.  That is getting excessive.  Have you migrated your system to QuickBooks online?   Just curious how you are handling things?  Just paying the exorbitant price?

Thanks, Patrick


ANSWER:  Patrick, 
Investor Books is a company file using QB Pro Desktop for PCs
Tenant Tracking is a company file using QB Pro Desktop for PCs

it's very ugly what QB did to all of us long time users.
after much research and meetings with Intuit, here's my recommendation:

For me and my business, I am staying with QB PRO Desktop for PCs and paying an annual licensing fee.
- this allows me to have as many company files as I want.
--- (Investor Books, Tenant Tracking, Education Company, TrusteeServicesUSA.com, and QuickBooksForInvestors.com)

I do NOT recommend using QB online because it will cost you a minimum of $160 per month
- Why? because online subscription allows only 1 company file per subscription.
- Investor Books would cost you $80monthly
- Tenant Tracking would cost you $80 monthly
- BUT the BIGGEST Reason, is the online versions are totally different and you can not upload your company file without having a boatload of errors that Intuit will blame it on you.

if the annual license is not up your alley, the best alternative is Quicken, the Deluxe, top of line version.

i guess if me and you owned Intuit and QB, we would like to see customers required to pay an annual licensing fee.

just curious Patrick, what version of QB Pro Desktop for PCs are you using?
Troubleshoot

How to Enter the Sale of Your Property – QuickBooks for Real Estate Training Video

Posted on August 20, 2012June 11, 2024 By Mike Butler 2 Comments on How to Enter the Sale of Your Property – QuickBooks for Real Estate Training Video

This Short Video shows real estate investors how to enter the Sale of one of your properties, including a wholesale deal.

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HOW TO VIDEOS, INVESTOR BOOKS, Selling

My Computer Got A Virus! What About My QuickBooks Pro Files?

Posted on July 12, 2011June 12, 2024 By Mike Butler

QUESTION:

I ordered your book/cd tenant tracking module which was a great help but I’ve recently got a virus on my computer and had to switch to my other one. I’m having a problem restoring all the old files.
 
I tried install everything but can’t seem to restore any of my old files back  to the tenant tracking module.
 
Can you help me out?
 
Art C.
 
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INVESTOR BOOKS, TENANT TRACKING

QuickBooks for Real Estate Flips How To Enter Repairs

Posted on March 9, 2011June 12, 2024 By Mike Butler

QUESTION from Steve:

Hello Mike,

I looked through the Investor Books Manual and did not see this …

When doing a flip, the repairs will be a capital expense versus an ordinary expense.

How are you booking the repairs?

Steve

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INVESTOR BOOKS, Flips, Repairs, Troubleshoot

How To Enter The Sale of Real Estate with a Loan on it (Not Paid For)

Posted on January 25, 2011June 12, 2024 By Mike Butler

16 min video

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HOW TO VIDEOS, INVESTOR BOOKS, Selling

How To Run Your Real Estate Business From Almost Anywhere

Posted on January 23, 2011March 10, 2022 By wizard

Absolutely FREE REMOTE ACCESS!

How to run your real estate office from anywhere with internet access.

https://www.zoho.com/assist/pricing.html




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OTHERS, Tools

How Do I Get My QuickBooks Files Back When My Computer Crashes?

Posted on December 31, 2010June 10, 2024 By wizard

QUESTION from Richard:


Hi Mike,

Happy New Year.  I hope you are doing better than I am at this time.  My wife’s computer crashed.  We received a new hard drive from Dell.  Now we must install all our programs and retrieve our backup data.  We thought it would be easy as we have our data backed up to an external drive and offsite with Carbonite but getting the programs reinstalled and set up properly is another matter.

Our IT support person will be installing our software tomorrow morning and we really need to get back in business at that time.  We really rely on Investor Books and Tenant Tracking and cannot afford to be without them any longer.

I have two CDs and hope they will get us back in business.  The jacket for the Investor Books CD says we need a key code and I am assuming that we probably need one for Tenant Tracking but we do not  have the original jacket. The only numbers I could locate are in the center of the CDs.  They are as follows:

                Investor Books     XXX     copyright date 2004
                Tenant Tracking   XXX     copyright date 2003

Are these the key codes?  If not what can I do?  Is someone available by phone or email for help if we run into install problems?  Is there any information you can give me that will help in the reinstall?

I know it is New Years eve and day but until this happened I did not realize how much we rely on your programs or how we survived before having them.

Thanks for your help,
Richard W.

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REGISTERED USERS ONLY, STEP 4 - Setting Auto BackUps, HOW TO VIDEOS

How To Enter Real Estate Purchase with a Loan in QuickBooks Pro

Posted on December 28, 2010June 12, 2024 By Mike Butler

18 min video

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HOW TO VIDEOS, INVESTOR BOOKS, Buying

Library

  • GETTING STARTED (3)
    • Why 2 Company Files (1)
    • What is Investor Books Pro? (1)
    • What is Tenant Tracking? (1)
  • REGISTERED USERS ONLY (14)
    • STEP 1 – "Post Office Method" Accounting Training (1)
    • STEP 2 – Investor Books Pro System (1)
    • STEP 3 – Fast Start Guide (2)
    • STEP 4 – Setting Auto BackUps (2)
    • STEP 5 – Multiple Users (1)
    • STEP 6 – Multiple Entities Partnership (1)
    • STEP 7 – Entering Old Transactions (2)
    • STEP 8 – Speed Buttons (2)
  • HOW TO VIDEOS (54)
  • INVESTOR BOOKS (60)
    • Auto-Billing (1)
    • Bad Checks (1)
    • Borrow Money (7)
    • Capitalized (3)
    • Closing Statements (17)
      • ARMs Adjustable Rate Mortgages (1)
      • Buying (9)
      • Selling (6)
      • ReFinance (1)
      • 1031 Tax Deferred Exchange (1)
    • Depreciation (1)
    • Earnest Money (1)
    • Escrow Accounts (7)
    • Flips (2)
    • Invoices (2)
    • Loan Money (2)
    • Memorized Transactions (3)
    • Multiple Entities (4)
    • Option To Buy (1)
    • Property Taxes (1)
    • Rehab (1)
    • Repairs (4)
    • Tax Updates (9)
    • Troubleshoot (8)
    • Vendors (1)
  • TENANT TRACKING (24)
    • Getting Started (4)
    • New Tenants (6)
      • Section 8 (2)
    • Existing Tenants (12)
      • Work Orders (3)
      • Statements (2)
      • Late Charges (4)
      • Move Out (4)
      • Discounts (1)
    • Collections (1)
    • Auto-Billing (1)
    • QB Upgrade (1)
  • OTHERS (5)
    • Free (2)
    • Tools (2)
    • Reviews (1)
  • YEAR END STUFF TO DO (9)
    • Year End (7)
  • UPDATES (1)

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