Posted by Rich[FL] on March 22, 2003 at 06:47:28:
I’m not familiar with MS Money though I am somewhat familiar with Quicken and (now) Quickbooks.
I believe the principles John explains in his course can be used in a similar fashion within Money and Quicken. The chart of accounts he has created is specifically for Quickbooks, however you can probably set up similar accounts and expense catagories within Money and Quicken. The step-by-step procedures will have to be modified since he’s only speaking as to how to do something within Quickbooks. The other programs he has on his disk are excel spreadsheets for calculating depreciation and amortization, so as long as you have access to Excel, you should be OK.
As far as landlording goes, he doesn’t explain HOW to be a landlord; he does cover the accounting principles (i.e., where you list your income and expenses) in Quickbooks. Part of the discussion you’ve probably seen here on the board has to do with depreciation and componentizing; this is all part of having rentals. So if the topic includes money and accounting, it’s pretty well covered in this course.
Hope this helps.
Rich