- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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?