multiple subcompanies for purchasing and renting property

Hello there, @Lynn Y. Yes, you're right.

In QuickBooks Desktop, adding sub-companies for several businesses isn't an option. What we can do is create a new company file for each business. This keeps and tracks the bank accounts, expenses, and income for each property. 

The steps below will guide you through the process of creating a new company file:

1. Open QuickBooks and click File on the top menu bar.
2. Select New Company from the drop-down list, and click Express Start.
   
3. Enter the new company’s name, address, and contact information in the appropriate fields, and click Create Company.
4. Repeat the process to set up other companies. 

To switch between companies, click File from the top menu and select Open Previous Company. Navigate to the company file that you want and click Open.

For additional resources, you can read through the links below:

• Create a QuickBooks Desktop company file.
• Keyboard shortcuts in QuickBooks Desktop. 

Please visit again if you have more concerns. I'll be around whenever you need assistance. Take care and stay safe, Lynn Y.

Thank you. That is what I thought, but my accountant said it should all be one file. This will be much easier and familiar to what I have done.

Thank you that is what I thought. My accountant said it should be one file. This will be much simpler and easier to set up.