AP10
Level 2

Other questions

Yes, really all I am doing is just keeping track of Income and expenses for the properties.  I am then just creating a report Profit by Class to see Income and Expenses.  The problem is I do not get the mortgage statement for each of the properties each month so I was going to do one JE for each of the properties at the end of the year so I have that information in QB.   I thought it would be the easiest not getting all the statements like I need.    The accountant will only want totals from these properties

 

Thank you explaining all that!  So basically I just need to create an account for the mortgage liability and escrow account?  Then write a check each month for each of the properties and split the check to go all three ways.  Is that correct?