QB Issue Resolution:

classes and location are tags for transaction so you can report on that tag

class allows you to tag each line item in a transaction

location tags the whole transaction

 

which you decided to use depends on what you want to report on

Resolution for Issue 'What should I use to bookkeeping rental property? Classes or locations? Hello, I have multiple buildings. I like to know if I should use classes or locations for my buildings and why? I don’t know the difference between classes or locations. Thank you!' available: Yes (Solved).
Source: Intuit Community forum.

What should I use to bookkeeping rental property? Classes or locations? Hello, I have multiple buildings. I like to know if I should use classes or locations for my buildings and why? I don’t know the difference between classes or locations. Thank you!: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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