To provide the best suggestion on recording this type of accounting method, I'd like to gain some additional insight into your situation. Do you prefer a certain type of method for recording expenses from income? Once we have an idea of how you'd like to record it, we can give you the best suggestion possible.
In the meantime, I recommend checking out our Property Management Guide. It's full of information on how to set up your Property Management Company and may be able to point you in the right direction.
Let me know if you have any additional questions by using the Reply button below. I'll be here to ensure your continued success. Have a wonderful weekend!