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welcome to our video series QuickBooks for landlords this video is an overview of a landlords situation and exactly how to set up QuickBooks specifically for landlords landlords should use most of QuickBooks the way every other business does but property management has unique challenges that these videos will address what does a landlord need to do well a landlord needs to record rent payments in advance as unearned income that would be consistent with generally accepted accounting principles a landlord must make the unearned income become earned rental income as time goes by a landlord must keep track of every tenants balance and how much is prepaid and how much is owed for each tenant a landlord must give rent receipts when receiving rent in advance of the tenant stay a landlord must keep track of what each individual apartment costs the landlord for specific expenses like repairs and so on the practice file that I have provided for you has everything y