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Accounting for Real Estate

QuickBooks Online Review

The default general ledger for US small businesses — widely used by real estate agents and brokerages, with add-ons for commission and trust accounting.

Starting at $35/mo (Simple Start)

QuickBooks Online Pros

  • Industry-standard GL — your CPA already knows it
  • Massive ecosystem of real-estate-specific add-ons
  • Bank feeds, receipt capture, mileage built-in
  • Scales from solo agent to multi-entity brokerage

QuickBooks Online Cons

  • Not real-estate-specific out of the box
  • No native commission management — need Brokermint/Loft47
  • Trust accounting requires careful setup
  • Pricing tiers add up as you grow

Product Overview

QuickBooks Online isn't real-estate-specific, but it's the ledger nearly every real-estate-specific tool integrates with. For solo agents, the Simple Start tier ($35/mo) is enough to track income, expenses, and produce a Schedule C at tax time. Brokerages typically pair QBO with Brokermint, Loft47, or Emphasys for the commission/back-office layer QBO doesn't natively handle. The massive ecosystem of accountants, apps, and integrations is the real reason it's the default pick.

QuickBooks Online features

  • Real Estate-Specific Workflows
  • Commission Calculation
  • Trust / Escrow Accounting
  • 1099 & Agent Tax Reporting
  • Bank / Credit Card Sync
  • Mileage Tracking
  • Financial Reporting Dashboard
  • CRM / TM Integrations

Ready to try QuickBooks Online?

Starting at $35/mo (Simple Start)

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