Saturday, January 8, 2011

Tax Software. Quicken Rental Property Manager 2011

Tax Software. I bought this based upon the positive reviews from the beta testers for this version of Quicken. Yes, it's a bit faster and yes, quite a few bugs have been fixed (the reporting interface in particular is much more stable now). With that, it took me only a few minutes to encounter a bug and significant features remain lacking. For example, Mint.com has zero integration. Literally, none. So lets see, you turned off my Quicken.com because you bought Mint.com but Mint.com has no interface within the product. Bummer for me as a customer...

I suspect as with many other pieces of software, Quicken is running on a very old code base and it continues to show. A few features or performance enhancements continue to be added each year, but nothing very big and generally nothing worth anywhere near the cost of upgrading. I was hoping for a lot more from this upgrade. I got better stability and a handful of new features.



 I used Quicken Rental Property Manager 2.0 for 3 years. Then I had to upgrade to Rental Property Manager 2011 because I am now using Windows 7. You will not be able to import any transactions, such as rents received, expenses, etc. The only thing you can import is the tenant information. So I have been entering all the rents received for the year for each unit again! I will have to do the same for all the expenses. Also, linking the check register with each property seems like a great idea but doesn't work out so well either. If you are just starting brand new this product might be ok but its cumbersome if you already have rental information and have to re-enter everything!

Before considering buying this product I checked Quicken's support options. Incredibly, this version doesn't even show up on their support page! Also, there is no telephone support. If you e-mail them, it can take 2 days to get a response.

No thanks!


Quicken Rental Property Manager 2011 includes all of the features found in Quicken Home & Business, plus smart tools for managing your rental properties.
Quicken Home & Business Profit/Loss
Always know how your home-based business is doing.
Quicken Home & Business Profit/Loss
Helps maximize deductions and simplify your taxes.

Manage Your Personal, Business, and Rental Property Finances in One Place

Organizes Your Finances All in One Place
Bring your personal and rental property accounts together--including online banking, credit card, loan, 401(k) and investing accounts. Avoid the hassle of going to multiple web sites or manually entering data. Now you can see it all in one place with just ONE password. Access over 12,000 banks, brokerages and other financial institutions--including PayPal.
Getting Started Is a Breeze
It's simpler than ever to put Quicken to work for you--so you can reach your personal finance goals faster. With the new Guided Setup, you just answer a few simple questions; we'll show you how Quicken works, and what to do next. You'll see your total financial picture come into focus even sooner than you expect.
Tracks the Performance of Your Rental Properties
Shows a snapshot of your rental property management expenses by property, so you know where your money is going, and where you can cut back. Tracks income and expenses for each property you own. Compare profit and loss from your different rental properties, to see which units are the most profitable.
Shows You How to Maximize Deductions and Minimize Your Taxes
Quicken Rental Property Manager categorizes your personal and rental property expenses for tax purposes. Our tax deduction summary lets you instantly see your tax deduction status throughout the year to help avoid any April 15th surprises. Quicken creates tax reports you can provide to your accountant. You can also easily export your data directly to TurboTax for fast and accurate tax preparation.
Creates a Schedule E Tax Report
Quicken Rental Property Manager generates a Schedule E report for your rental properties. Automatically export the Schedule E data to TurboTax, or print a copy for your accountant.
Instantly See Who Has and Hasn't Paid Rent This Month
In the Rent Center, you can record rent collected, partial payments, and late fees. With just a click, find tenant contact information such as lease terms, security deposits and overall payment history.
Quicken Home & Business 2011 portfolio
Comprehensive investing and planning tools help you easily track, analyze, and optimize your investment portfolio.
Quicken Home & Business 2011 Asset Allocation
Know your risk vs. return.
New--See Where Your Money's Going in a Snap
Get a better picture of what you have coming in, going out, and most importantly, what's left over to spend or save with our completely redesigned cash flow graph. See how much money you have left after upcoming bills and income.
Provides Comprehensive Investing and Planning Tools
Easily track, analyze, and optimize your investment portfolio. You can see changes in assets, liabilities, and net worth with one click: we show how your investments are performing across all your accounts.
Helps You Make Better Buy/Sell Decisions
We identify your top-performing investments and compare your portfolio to the market, so you can make smart decisions on buying or selling. For example, use Morningstar Ratings to compare mutual funds and see which ones best fit your investment management goals.
Stay on Budget and Watch Your Savings Grow
We make it easy to get on--and stay on--a budget. With Quicken you can set up budget goals based on your historical spending. You can easily customize your plan, and Quicken then tracks your progress. We can also help you create customized plans to reduce/eliminate debt--and to save for a house, college, retirement or large purchase.
Never Miss a Bill
See what bills have already been paid, what's coming up, and if you have enough left in your accounts to cover them--all in one convenient place. Set reminders to pay bills on time and instantly check the status of past bills so you can avoid those pesky late fees!
Simplify Taxes With TurboTax
Quicken pairs perfectly with TurboTax to save you time. Easily export your data directly to TurboTax for fast and accurate tax preparation.
100% Satisfaction Guarantee
If you're not 100% satisfied, return your Quicken 2011 personal finance software with your dated receipt within 60 days of purchase for a refund of the purchase price (return shipping and handling charges not included).
Get Tips From Other Quicken Users
With Quicken Live Community, you can get help and advice from other Quicken users without ever leaving Quicken. If you have a question about something specific you're trying to do, just look to Live Community on the right of the Quicken screen for the answer.
Enjoy Free Support When You Buy, Install or Upgrade Quicken
If you need help purchasing, installing or upgrading your new Quicken personal finance software, free phone support is available. For more information, visit our Help & Support site.
Quicken Home & Business 2011 Taxes
Shows you how to minimize taxes on your investments.
Quicken Home & Business 2011 Auto-categorization
See exactly where your money's going with auto-categorization.
Easily Import From Microsoft Money
If you've been using Microsoft Money personal finance software, we can help you transfer your valuable financial information to Quicken. With our easy-to-use Data Converter tool, you'll be up-and-running with Quicken in practically no time.

What's New in Quicken 2011

Improved--See Exactly Where Your Money's Going With Auto Categorization!
Automatically categorizes more of your expenses with greater accuracy so you don't have to manually enter or edit them.
New--Stay on Top of Your Day to Day Finances
Get a better picture of what you have coming in, going out, and most importantly, what's left over to spend or save with our completely redesigned cash flow graph. See how much money you have left after upcoming bills and income.
Improved--Find the Tools You Need, Faster
The most commonly used features have moved front and center, making them easy to find.
Improved--Quicken Updates Faster Than Ever
When it comes to your money, time is precious: Quicken updates your transactions using a speedier account download process.
Improved--Customize Your Register to Fit Your Needs
The new Quicken layout lets you see your information exactly how you'd like: easily resize, sort and hide columns.
New--Stock Quotes Automatically Update
Stock quotes updated every 15 minutes so you always know your portfolio's value.

Product Description

Organizes your personal and rental property finances, all in one place. Identifies tax-deductible rental property expenses. Tracks income and expenses by property. Creates Schedule E report to save time on taxes.


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