USA Windows Quicken 2017 business software


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I am new to this forum so please excuse me if this question has already been asked.

My question is about posting a transaction for real estate investments. I am not new to Quicken but am new to the business side of it and I am not an accountant. I hope these questions make sense. I have multiple residential properties that I have invested cash to purchase or invest in the property.

1) How should I post this transaction to show it as a real estate transaction?
2) What tax line item and schedule should be used to show this as an asset in the financial statement reports such as a balance sheet?
3) How do I reverse this when I sell the property or my investment is returned to me?
 
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Drmdcpa

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Quicken is not the best software for business use. Personal home use it may be okay but too many issues come up with business records.
 

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