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October 7, 2020
Question

accounting for rental property using management

  • October 7, 2020
  • 0 replies
  • 1 view

I own two rental properties, and I receives draws from a management company, less their fees and expenses.  One of the properties incurred expenses while it was vacant, and the those expenses were paid by the management company, and are to be offset using future rental income.  I usually just enter the monthl deposit less any fees, but now I have several months where they are offsetting the previous expenses so I have no monthly rental.  How can I enter all of this into Quickbooks?