However, perhaps because of this simplicity in set up it does lack some of the functionality that you would expect from a modern rental management solution. Their product Quicken Rental Property Manager is designed with rental property accounting in mind and this does show. One of the good things about Quicken for rental properties is that, like Landlord Studio, it allows you to manage income and expenses at a property or unit level.
The process is fairly straight forward following the below steps: If you want Quicken to display the income, expenses, and tax deductions by rental property, you must add a separate rental property in Quicken for each real-world rental property.